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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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Putin's war of attrition is coming at a massive cost, with 5,000 soldiers killed or injured in the battle for one neighborhood

Russia is suffering enormous casualties by throwing troops into head on attacks for incremental gai…

Tom Porter   


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Mobility is good for careers, says TCS on employee transfers

India’s top IT company TCS said that employee transfers are a part of their contracts with the comp…

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Tech Mahindra Q2 profit declines 61% to Rs 505 crore

IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…

PTI   


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Western militaries need to start figuring out how to fight long and bloody attritional wars like Ukraine, former Army officer warns

Attrition could define future wars between near-peer powers, Alex Vershinin wrote, and the West isn…

Chris Panella   


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TCS wants employees back to office to teach them what can’t be taught

Within two years of coming up with a 25/25 plan to have only 25% of its workforce in the offices, t…

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3 mins read

Wipro clocks 12% net profit in Q1; attrition rate falls

Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …

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Putin's plan to wear down support for Ukraine in a war of attrition seems to be working, though it's not risk-free

Putin is planning on wearing down Western support for Ukraine, which depends on its allies for mone…

Tom Porter   


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3 mins read

Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey

A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …

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It is attrition rates and not the wage hikes dampening Indian IT cos earnings

The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…

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Demand is strong but decisions are slow: Tech Mahindra CEO CP Gurnani

In rupee terms, revenue for the IT company grew 19.9% year-on-year to ₹13,735 crore while sequen…

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5 mins read

Boom In Jobs: Corporate India goes on a hiring spree, IT sector leads the way

After retrenching employees en masse after the onset of the pandemic, Corporate India has created m…

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3 mins read

Hectic jobs in retail and quick service restaurants is leading to high attrition: Report

Retail, QSR and banking, financial services and insurance sectors were the top three industries wit…

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Here’s how attrition and wage costs are dampening Indian IT companies’ results

Indian IT companies in Q1FY23 have seen high attrition across the board. As a result of the hiring …

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2 mins read

Zoho to double down R&D but keep tech hiring ‘slow’

Sridhar Vembu of Zoho said that no other company has built a billion dollar product company in Indi…

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4 mins read

Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore

India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…

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4 mins read

IT majors cut down hiring by half despite high attrition

Three out of four major Indian IT companies have announced their Q2 FY23 results. While the demand …

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1 min read

Employees are leaving IT giants TCS, Infosys – here’s why

Employees are leaving IT giants TCS, Infosys – here’s why

Bhakti Makwana   


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3 mins read

10 Things in Tech: Attrition at Amazon

Employees are fleeing from Amazon's Prime Air drone division, and this tiny house can supply electr…

Jordan Parker Erb   


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Moonlighting is an ethical issue says TCS HR head

TCS reported a surge in attrition rates in the September quarter – at 21.5%, it is the highest in t…