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Page 3 - Attrition

Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts

Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23

Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts
Updated On : 22 Jul 2022 | 12:00 PM IST

Modest revenue, weak margin likely for Infosys & Wipro in Q1FY23

After IT majors TCS and HCL Technologies disappointed the Street with somber June quarter numbers, analysts expect Infosys and Wipro to follow a similar trend. Find out what investors should expect

Modest revenue, weak margin likely for Infosys & Wipro in Q1FY23
Updated On : 19 Jul 2022 | 7:00 AM IST

Wipro announces quarterly promotions for top performers amid high attrition

Wipro plans to boost the salaries of most of its workforce by 10% in September 2022. The top performers are likely to receive a 15% hike

Wipro announces quarterly promotions for top performers amid high attrition
Updated On : 11 Jul 2022 | 1:23 PM IST

No signs of slowdown in attrition at TCS; firm says it has enough hands

TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains

No signs of slowdown in attrition at TCS; firm says it has enough hands
Updated On : 09 Jul 2022 | 12:58 AM IST

IndiGo, SpiceJet's fight for cabin crew to add to margin woes

IndiGo posted its worst on-time performance recently. Reports suggest, the cabin crews were missing. They went for interviews at rival airlines. Is another storm set to hit Indian aviation sector?

IndiGo, SpiceJet's fight for cabin crew to add to margin woes
Updated On : 05 Jul 2022 | 7:00 AM IST

TCS sees fall in staff attrition, robust demand for IT services: Top exec

More tech talent is expected to enter the job market from startups facing funding crunches, as central banks withdraw stimulus and hike rates: Girish Ramachandran

TCS sees fall in staff attrition, robust demand for IT services: Top exec
Updated On : 06 Jun 2022 | 7:46 PM IST

Wipro sees margin pressure over next few quarters as attrition rises

Wipro reported a near 4% year-on-year gain in consolidated net profit for the quarter ending March 31, while revenue rose 28.4%

Wipro sees margin pressure over next few quarters as attrition rises
Updated On : 02 May 2022 | 8:23 AM IST

TMS Ep156: Non-compete clause, AYUSH, markets, Russia's foreign default

Is invoking a non-compete clause to retain employees right? Will India become a hub for traditional healing? What are investors thinking about the market? Why foreign defaults await Russia? Allnswers

TMS Ep156: Non-compete clause, AYUSH, markets, Russia's foreign default
Updated On : 22 Apr 2022 | 8:00 AM IST

Is invoking a non-compete clause by Infosys a right move?

A workers' union has shot off a letter to the govt alleging Infosys of using a non-compete clause to prevent employees from joining rival firms. What's behind the clause? Can it set a wrong precedence

Is invoking a non-compete clause by Infosys a right move?
Updated On : 22 Apr 2022 | 7:00 AM IST

TCS CEO vows to navigate IT giant through global tumult, attrition

TCS, the largest player in India's $227 billion tech services industry, must deal with a host of challenges, from Covid outbreaks in China that are disrupting supply chains to the war in Ukraine

TCS CEO vows to navigate IT giant through global tumult, attrition
Updated On : 18 Apr 2022 | 7:02 PM IST

Which IT skills are likely to land you lucrative job offers?

People with skills in AI, cloud etc have been quitting jobs since 2021, giving employers a tough time. Take a look at the skills that are in demand amid the competition between IT firms and start-ups

Which IT skills are likely to land you lucrative job offers?
Updated On : 18 Apr 2022 | 7:00 AM IST

IT stocks could underperform from here on

The fourth-quarter corporate earnings season began this week with TCS and Infosys announcing their results. What does the results of the country's top two IT companies signal for the industry?

IT stocks could underperform from here on
Updated On : 15 Apr 2022 | 7:00 AM IST

Attrition continues to hound IT bellwethers 5-6 quarters down the line

Though companies are saying they are managing supply side constraints by hiring more freshers and by subcontracting, exits is clearly impacting margins and profitability

Attrition continues to hound IT bellwethers 5-6 quarters down the line
Updated On : 13 Apr 2022 | 11:48 PM IST

TCS attrition continues to inch up; firm to hire 40,000 in Q1FY23

Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago

TCS attrition continues to inch up; firm to hire 40,000 in Q1FY23
Updated On : 11 Apr 2022 | 9:41 PM IST

'Rapid digital adoption, more capital flow leading to tech talent crunch'

The findings were made by Scaler, which released annual 'Hiring Trends Report 2022', capturing the current hiring trends and demands of the Indian IT industry

'Rapid digital adoption, more capital flow leading to tech talent crunch'
Updated On : 31 Mar 2022 | 6:42 PM IST

War for talent heats up as attrition continues to surge at top-3 IT players

Companies are rushing to campuses in order to mitigate supply-demand imbalance

War for talent heats up as attrition continues to surge at top-3 IT players
Updated On : 12 Jan 2022 | 11:26 PM IST

Indian IT services firms set for robust growth, attrition a concern

Despite the growth, concerns have emanated from elevated attrition levels for the industry due to strong demand for digital technologies and lack of adequate skilled manpower to service the same

Indian IT services firms set for robust growth, attrition a concern
Updated On : 21 Dec 2021 | 4:47 PM IST

We have learnt to live with attrition: Rajesh Nambiar of Cognizant India

In a Q&A, the company's CMD also dwells on retention mechanisms and growth drivers in a firm that beat Q3CY21 estimates despite 33% attrition

We have learnt to live with attrition: Rajesh Nambiar of Cognizant India
Updated On : 28 Oct 2021 | 11:39 PM IST
Updated On : 15 Oct 2021 | 6:03 AM IST

Deal pipeline is bigger than ever before: Wipro CEO Thierry Delaporte

Delaporte speaks about the company's deal pipeline, the need to lower attrition, and how the firm plans to chart its growth path

Deal pipeline is bigger than ever before: Wipro CEO Thierry Delaporte
Updated On : 14 Oct 2021 | 12:54 AM IST