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Red-hot tech salaries begin to show signs of cooling in Q2

According to September quarter earnings data, wage costs as a share of revenue declined for two of the six top IT firms—Tata Consultancy Services Ltd and HCL Technologies Ltd at 56.1% and 54.6%, respectively—from the preceding three months. For Infosys Ltd, wage costs were little changed at 53.2%.
Infosys Ltd Technologies Ltd Tata Consultancy Services Ltd Tech Salaries September Quarter Earnings Data Q2 Revenue

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