HCL Tech sees attrition easing in couple of quarters: CEO Vijayakumar

In a Q&A, HCL Technologies CEO and MD C Vijayakumar, talks about growth momentum from its majority market the US and managing supply-side issues

HCL Technologies Q1 numbers, especially the margins, continued to be under pressure due to employee-related costs. However, the company managed to meet estimates on revenue and also sign a total contract value (TCV) of $2 billion. C Vijayakumar, chief executive officer (CEO) and managing director (MD), in an interview with Sourabh Lele and Shivani Shinde, talks about growth momentum from its majority market the US and managing supply-side issues. Edited excerpts:

With inflation and recession concerns becoming real for the US and Europe, how do you see the demand for technology services? Any insights from clients that you can