You Searched For "attrition rate" and got 20 results
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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…
1 min read
Wipro increases hiring plan to 30,000 as attrition hits a new high
IT services giant Wipro plans to hire 30,000 freshers in 2023 as attrition rate increases to 22%. …
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…
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
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…
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…
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…
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 …
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
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…
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
TCS, Infosys, HCL Tech and Wipro open up lateral hiring as more people walk out the door during the COVID-19 pandemic
Every major Indian IT tech company decided to go slow on hiring or suspended hiring altogether at e…
3 mins read
Attrition is as hard to predict as death says C P Gurnani after TechM loses profits to wage hikes
A fourth of Tech Mahindra’s first quarter revenues were eaten up by employee expenses, pushing its …
1 min read
Attrition at Amazon is costing the company $8 billion a year, with workers twice as likely to leave by choice than be fired, report says
In 2021, only a third of Amazon's new hires stayed with the company for 90 or more days, per Endgad…
Beatrice Nolan
4 mins read
Amazon's stock isn't enough to keep workers loyal, high forfeiture rates show
Amazon employees left close to $10 billion on the table. Upping its cash-based compensation was a g…