Most analysts forecast a nearly 20 per cent year-on-year (YoY) jump in Infosys' revenue during the second quarter of the financial year 2021-22 (Q2FY22)
Analysts are now questioning the lender's hiring policy following the high level of exits
Bengaluru-based software firm Happiest Minds Technologies, which has been facing rising attrition levels, is planning to hire 300 techies in each of next three quarters, its top management has said
The firm, which had a quarterly attrition rate of 31%, als plans to recruit 30,000 at the graduate level
Firm silent on attrition rate during the quarter, though it does see it rising before stabilising
In a Q&A, the executive director and CEO of the firm talks about growth drivers, demand scenario in direct business and supply side concerns
The IT major will be making the offers at campuses in FY22, of which 22,000 will join the company in FY23
Strong Q1, healthy deal pipeline and employee addition indicate robust growth for Mindtree in FY22E, ICICI Direct said in a note
IT industry's margins are expected to be impacted by wage increases as well as high attrition rate, said HDFC Securities.
A challenging strategy to accelerate growth has ironically dragged the former IT racehorse into bigger troubles over people management
In the previous quarter, the company's attrition rate was lower at 19 per cent, though the level was 22 per cent in the January-March 2020
Employee exits could well impact their double-digit growth plans. Going by the commentary the top three IT services will hire over 75,000 campus freshers for FY22
Firm offering special quarterly skill-based bonus to high performers; attrition rate at present above 20%
Higher pricing pressures in legacy business and rising costs of delivery have been negating margin benefits from rupee depreciation over the last two years
Services sector saw an attrition rate of 19.3%, compared to 12.2% in manufacturing