IT Biggies should look at the Top level Management and Top Middle level Managers to cut the salaries. Non performers across the levels will anyways not get any benefits. Hence it is not fair to cut the salaries of all because of external factors. The burden shud be borne by the biggies as they already are over paid because of the hype around them. It is difficult to replace an excellent performer if his salary is cut because of some X factors. I am sure companies like TCS, Wipro, Infy, Satyam would have had contingency plans for this Dollar Devaluation other than pushing the burden on employees. They shud use that strategy rather than punishing the entry level and lower middle level staff. Hopefully justice will be done to the deserved.