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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…
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
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
4 mins read
TCS has nearly doubled its hiring plan for the year as attrition remains high
The information technology (IT) services giant Tata Consultancy Services (TCS) said on Friday that …
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…