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2 mins read

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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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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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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1 min read

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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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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3 mins read

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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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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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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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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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…

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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 …

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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…

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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…

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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…

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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…

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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

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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   


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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…

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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…

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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 …