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3 mins read
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…
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 …
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…
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
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 …
3 mins read
Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…
5 mins read
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
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
Infosys is looking to hire 50,000 employees this year while expecting the attrition rate to come down
Infosys, India’s second-biggest information technology (IT) company in terms of market capitalisati…
2 mins read
Unlike TCS, Infosys wants to remain flexible on WFH
Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…
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…
5 mins read
Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates
Infosys has cut its revenue guidance for the financial year by more than half. The company said on …
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…
3 mins read
Tech Mahindra's attrition rate is nearly twice that of TCS
At a time when information technology (IT) companies are enjoying overwhelming demand for digital t…
5 mins read
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
2 mins read
Cognizant faces the worst attrition rate in the industry, hires record number of employees to fill the gap
The Indian information technology (IT) industry is reeling with a very high number of employees lea…
6 mins read
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
4 mins read
Infosys has a new headache — India’s unicorn boom
Rao said, “... Startups are also a very attractive place for many of our employees. And wi…