ATTRITION DEFINITION
Harvard, Stanford, Yale under scanner: Trump expands fight against elite colleges with focus on 'the diversity problem'
The Trump administration is widening its campaign against US universities, shifting from antisemitism investigations towards diversity programmes, admissions, hiring and foreign influence. More than 100 institutions are reportedly facing scrutiny, while cuts and threats to federal research funding are increasing pressure on universities to change their policies.
India Inc pay hikes seen at 9.1% in 2026: Aon
India Inc employees can expect average pay hikes of 9.1% in 2026, up from 8.9% in 2025, with real estate and NBFCs leading at around 10%. Attrition levels have also declined to a five-year low of 16.2% in 2025, reflecting more targeted hiring and employee engagement efforts.
HCLTech eyes 15% fresher hiring for specialised, AI roles
This is in line with the general assessment by the industry, pointed out Ram Sundararajan. He, however, did not cite a definite target for fresher hires in the specialised category for the third-largest Indian IT services company.
Good set of numbers for Infosys; may lead to revision in valuations: Omkar Tanksale
The headcount is still on the negative side, so they are not hiring aggressively as during the COVID times and the attrition is still being moderated.
BFSI top sector in hiring; 60% rise in hospitality related jobs: Teamlease
The BFSI sector is currently experiencing the highest hiring and attrition rates. There is a strong demand for open positions, particularly in credit card sales and customer service roles. The hospitality and tourism sectors are also seeing growth, with a 60% increase in related jobs year-on-year. There is a preference for women employees in 70% of these roles. In terms of geography, business-related hirings are concentrated in metro cities, while local hiring is more prominent in leisure tourism areas.
In Q1, headcount at India’s top IT companies shrinks sharpest over past three years
Six leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the last three years in the April-June period.
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Expect Infosys margin to improve substantially from Q4: Sandip Agarwal
“If there is a recession or there is a hard landing, there could be one or two quarters where the pipelines will go down a bit and there would be some kind of pressure but on an overall basis, we will see a much bigger transformation in deals movement because it will lead to massive cost rationalisation. So,in the long term, it will be better.”
In mid and senior level, IT cos seeing lower cost replacement hiring: Ramani Dathi, Teamlease Services
“As far as the Indian IT services and the product and capital companies are concerned, we have not started seeing any massive layoffs as of now but having said that, will this kind of trajectory continue into the future for the next few quarters as well? At this point in time, we have no visibility because the attrition levels are still high, especially at mid and senior level.”
LTIMindtree has a great opportunity in cross selling, up-selling & creating wallet share: Debashis Chatterjee
“At this point of time, more focus is on how do you do more cross sell and up sell given the 700 plus clients that we have and there is no overlap in terms of clients. There are very minimal overlaps and 10-12 clients which both LTI and Mindtree were servicing. So we have a great opportunity in terms of cross selling and up-selling and creating wallet share.”
Amid moonlighting woes, TCS to develop gig-based platform for employees
The move comes at a time when the $227-billion IT industry is grappling with the issue of moonlighting, or the taking up additional assignments by employees usually during non-work hours.
Why is Mahantesh Sabarad cautious on TCS’ margin guidance?
"Margin improvement will definitely happen, but moving towards 26-27% is a big challenge and when it comes to the supply-side situation, unless the attrition rate is really handled properly or addressed quite well, we will see more margin pressures."
RIL disappoints; this is likely to be a consolidation week: Neeraj Dewan
“One should be a little more cautious this week because in the last couple of weeks with everyone sitting on gains, people were bullish on the market at the 15,500 level. This can be a consolidation week where one needs to watch what is happening and then take the next step.”
Not only IT, the intent to hire is at a 27-month high across most sectors: Ramani Dathi
“Other than IT, FMCG, education, telecom, ecommerce, retail essentials, healthcare, banking and financial services all are hiring. Across all industries, we are seeing a very strong intent to hire. To some extent, that is because the attrition levels were very high, especially in the last quarter. So, high attrition coupled with very strong demand is translating into a lot of new jobs especially in formal industries, largely in the metro cities. We are seeing a very strong trend.“
IT Firms may report another bad quarter on attrition in Q1
This despite top four IT companies – Tata Consultancy Services, Infosys, Wipro and HCL Technologies – reporting record high attrition rates of between 17.4% and 27.7% in the quarter ended March.
Demand is not an issue for Tata Elxsi, supply definitely is: MD
“The deal pipeline has never been stronger over many quarters and I have absolutely no concerns on that front. The sales engine is rocking. The challenge for us would be to ensure that we service all the requirements. So demand is not an issue, supply definitely is an issue and we need to figure out ways to address that.”
Infosys hunting for 4th CFO in 5 years! What's happening at the top IT firm?
Some experts say Ranganath's decision might have caught Infosys management by surprise.
India no longer a jobseekers' market as note ban turns the tables in employers' favour
While there will be fewer jobs for at last two quarters, even increments are not going to go up as was the expectation in 2016.
Demonetisation is bad news for you if you were planning a job change. Read why
Demonetisation has thrown businesses out of gear and led to a postponement of hiring plans. Sentiment has been cautious amid the ongoing cash crunch.
Infosys' Q1 good; guidance revision likely after H1 if Q2 numbers better: Pankaj Sharma, Equirus Securities
"If you look at it in the backdrop of the industry average, I should think that Infosys' numbers are good, given the challenges the industry in facing."
Infosys guidance a sure sign that they mean business: Sarabjit Kour Nangra, Angel Broking
They have been guiding again and again that FY17 onwards, they expect Infosys to be back being the bellwether company in terms of the IT sector.
More than 100 former Infosys executives respond to Vishal Sikka's call, to join company again
After Sikka took charge of Infosys on August 1, one of his first actions was to issue an open call to former employees to come back.
A few more quarters before attrition rate comes down, says Infosys
Attrition rate at the IT services firm had hit a record high of 19.5% for April-June this fiscal, up from 18.7% in the previous quarter.
Wipro September Quarter (Q2 FY'14) earnings; five things to watch out for
Expectations have remained low for Wipro despite its lacklustre performance, especially as investors remained preoccupied with Infosys.
Best companies to work for 2013: HR will survive the next decade, says Umesh Prasad Pani, NTPC
In the present competitive scenario, if you are not able to perform, you will not be able to survive in the market.
Highest attrition in hospitality, aviation sectors: Survey
Hospitality and aviation sectors are witnessing the highest attrition rates among employees, making retention of critical manpower resources a key challenge, says a survey.
Attrition in IT BPO sector expected to moderate: Infosys
Infosys expects attrition in BPO sector to get moderated with cos doing high-end work and providing career opportunities for employees within the firm.
IT cos step up hiring plans on demand revival
With double-digit revenue growth returning to the $60-billion Indian IT-ITeS sector, top IT players, including TCS and Infosys, are stepping up their hiring plans for the next few quarters.
TCS, Infosys plan to hire 50,000 & 40,000 respectively
With double-digit revenue growth returning to the $60 bn Indian IT-ITeS sector, top IT players, are stepping up their hiring plans for the next few quarters.
High attrition rate hits IT companies' bottomlines
Indian IT cos are finding it hard to recruit and retain employees as recovery takes a definite shape. And their bottomlines are getting hit due to rising wages and high attrition.
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