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5 mins read
Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector
Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…
1 min read
The attrition at Infosys is worse than that at Wipro, Salil Parekh has increased hiring plan by 10,000
Attrition is used to describe the rate at which employees are leaving the company. “We continue …
5 mins read
Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools
Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…
5 mins read
Recession in the US may cool off attrition in IT sector along with revenues
After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…
3 mins read
TCS crosses the 6 lakh employee milestone even as 1 in 5 quit in the first quarter
Indian IT services giant TCS reported a subdued first quarter of FY23, with its profit missing anal…
1 min read
TCS June 2022 results – 10 things to know about the IT giant’s latest earnings
TCS June 2022 results – 10 things to know about the IT giant’s latest earnings
9 mins read
Ex-Amazon managers say they were pressured to cut successful workers to meet attrition goals — and faced retribution when they resisted
A former manager said he resisted placing workers in a coaching program. He said he was told, "We b…
Shana Lebowitz
3 mins read
Unplanned leaves, employee stress & attrition cost India Inc $14 billion: Deloitte
A report by Deloitte suggests that poor mental health amongst employees cost Indian employers ₹1.1 …
3 mins read
Students are now preferring to work in big corporates over startups
Around 67% of the students prefer working with large companies having more than 1,000 employers, as…
3 mins read
Cognizant’s latest earnings have a silver lining for Indian IT majors TCS, Infosys and Wipro
Nasdaq-listed Cognizant’s March quarter net profit for March quarter grew 11.5% on year to $563 mil…
2 mins read
TCS, Infosys, and Wipro hired 2.33 lakh employees in FY22 to tame high attrition
For the last one year, the India’s as well as global information technology (IT) sector is going th…
1 min read
Wipro to double fresher intake this year, promotions to be faster as employees are still jumping ship in hordes
The Bengaluru-based information technology (IT) giant Wipro just announced its financial performanc…
2 mins read
Great resignation impact being felt in India as attrition rate remains elevated at 20% in 2022
Great resignation impact being felt in India as attrition rate remains elevated at 20% in 2022
1 min read
TCS mints almost ₹10,000 crore profit in just three months than in 12 months a decade ago
TCS mints almost ₹10,000 crore profit in just three months than in 12 months a decade ago
Bhakti Makwana
2 mins read
TCS CEO expects more employees to leave the firm in the coming months, but he is not worried about it — Here is why
The rate of employees leaving information technology (IT) firms continues to remain high as opportu…
Talent from large IT firms has been flowing towards India's tech startups
Lathika Pai, Country-Head VC & PE partnership Microsoft on how India's tech startups are flowing wi…
1 min read
Meta shuts down Quitter, a tool that shows data on employees leaving and attrition trends, as layoffs rock the company
Before Quitter was shuttered, Meta employees could use the tool to see data about how many people w…
Aaron Mok,Kali Hays,Rob Price…
1 min read
Cognizant is giving positive vibes to the Indian IT industry with strong revenue growth and an improving attrition rate
Nasdaq-listed information technology (IT) major Cognizant Technology Solutions has delivered its hi…
3 mins read
More employees are leaving Infosys, Tech Mahindra than TCS and Wipro
Shares of information technology (IT) firm Tech Mahindra slumped nearly 4% on February 2 as investo…
4 mins read
The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before
However, the stock slipped nearly 7% when the market opened for trade on Monday (Jan 17). So…