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Zoho skips pay hikes, citing AI costs

Original: zoho

Indian software firm Zoho has decided not to give pay hikes to employees, attributing the move to rising AI-related costs and a challenging geopolitical environment. The decision by one of India's best-known homegrown tech companies is drawing attention amid broader debate about how AI spending is reshaping hiring and compensation across the Indian IT sector.

Why now: Zoho's decision to forgo salary increases signals cost pressures from AI investment affecting India's tech workforce.

ZohoEconomic Times

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