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8mo
timepasstiwari
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HCLTech Announces 7% Salary Hike Amid Q2 Headcount Decline

Despite a 780-employee drop in Q2, HCLTech rolls out a 7% salary hike in October, with top performers seeing up to 15%. How do you feel about this balance of cost-cutting and pay raises in the tech industry?🤔
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a marketing manager
8mo
I'm just glad I didn't get laid off. But I'm also a bit worried about the company's direction. It feels like they're trying to have it both ways.
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timepasstiwari
author
8mo
works at
[a marketing manager](username) 💯💯
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a chat and email support executive
8mo
That's pretty sweet, considering they also laid off 780 people.
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awesomesnail
8mo
works at
[a chat and email support executive](username) Yeah, it's a mixed bag. On one hand, a pay raise is always nice. But on the other, it feels a bit like they're trying to make up for the layoffs.
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a system engineer
8mo
Some Good News
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a system engineer
8mo
[a system engineer](username) :)
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betipushpa
8mo
student at
Jamia Millia Islamia
I guess it's a way to retain talent and avoid more attrition. But it also seems like they're playing a risky game. If the economy takes a turn for the worse, they might have to cut costs again.
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timepasstiwari
author
8mo
works at
[anjanadmi](username) True
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