Employee Attrition in IT Companies: HR News, Trends & Workplace Insights

Latest Employee Attrition in IT Companies HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Attrition in IT Companies.

Updated on: Apr 2023
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Why TCS has the lowest Attrition Rate among IT giants?
Industry

Why TCS has the lowest Attrition Rate among IT giants?

India’s largest IT major, Tata Consultancy Services (TCS) has reported an 8.6% attrition in the past year while announcing its first-quarter results of the financial year 2021-22. According to the TCS report, it was 7.2% in the previous fourth quarter of the financial year 2020-2021. Which has increased to 8.6% in three months. There is […]

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Cognizant to hire 1 lakh experienced people and 30,000 freshers in 2021
Industry

Cognizant to hire 1 lakh experienced people and 30,000 freshers in 2021

Cognizant, one of the world’s leading professional services companies, yesterday has announced its second-quarter 2021 financial results. Revenue of $4.6 billion grew 14.6% year-over-year (12.0% in constant currency(1)) Digital revenue grew approximately 20% year-over-year $1.5 billion deployed on acquisitions, share repurchases and dividends year-to-date 2021 revenue growth guidance increased to 10.2-11.2%, or 9.0-10.0% in constant […]

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This global IT Company to hire 6,000 employees in FY 22
Jobs

This global IT Company to hire 6,000 employees in FY 22

Persistent Systems, a Pune headquartered global IT company plans to hire 6,000 employees in Financial Year 2021-22. The hiring plan includes a mix of 2,000 freshers and about 4,000 lateral employees. Persistent Systems has also hiked salaries from July onwards for its employees working in India by 8-10% and for those who are working in […]

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TCS attrition goes up in Q1 of the financial year 2022
Industry

TCS attrition goes up in Q1 of the financial year 2022

India’s largest IT Major, TCS has announced its first-quarter Q1 (quarter ending on June 30) results of July 8, 2021. TCS reported attrition of 8.6 per cent in Q1. Although the attrition rate is the lowest among peers, it has gone up from the previous quarter’s 7.2 per cent, ending on March 31. Recently, Accenture […]

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IT Companies record Attrition Levels at all-time high
Jobs

IT Companies record Attrition Levels at all-time high

As demand for IT and Technology professionals is rising, employee attrition levels are reported at an all-time high in Top IT Companies like Cognizant, Accenture, Infosys, and Wipro, etc. Recently, reported by media at Accenture, attrition is back to pre-pandemic levels in the hot market. The company has recorded it at 17% in its third […]

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