Business IT services companies to suspend hiring this year: Mohandas Pai Updated : April 28, 2020 04:19 PM IST For senior level they will cut salaries to adjust costs. People getting Rs 75,000 to Rs one lakh and above per month, they will see salary cuts, may be 20-25 per cent, Pai does not see pay cuts for staff drawing salary less than that. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.