Employee Attrition: HR News, Trends & Workplace Insights

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

Updated on: Jul 2023
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DOs and DON’Ts while dealing with disengaged employees?
Employee Engagement

DOs and DON’Ts while dealing with disengaged employees?

Dealing with disengaged employees is a challenge that many managers and organizations face. When employees become disengaged, their productivity, motivation, and overall job satisfaction can suffer, which can have a negative impact on the entire team and the organization as a whole. However, there are several strategies that managers can employ to address and improve […]

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More than one-third of Axis Bank employees left in FY23
Industry

More than one-third of Axis Bank employees left in FY23

Axis Bank has released its Axis Bank FY2023 Annual Report “Open to win together” stating Axis Bank’s well-being policy has focused on the rounded wellness of its employees in the personal, social, and professional spheres of everyday life. The professional counselors on board offer confident and unconditional support to employees and their immediate families on […]

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Wipro total headcount down by 1,823, attrition eased to 14.1% in Q4
Industry

Wipro total headcount down by 1,823, attrition eased to 14.1% in Q4

Wipro Limited, a leading technology services and consulting company, announced its financial results for the fourth- quarter ended on March 31, 2023. Thierry Delaporte, CEO and Managing Director, said, “We closed FY23 with the strongest-ever bookings recorded in a year. We delivered two consecutive quarters of total bookings of over $4.1 billion. Our large deal […]

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Why IT and Start-Ups are Facing HR Challenges and Huge Attrition
Employee Retention

Why IT and Start-Ups are Facing HR Challenges and Huge Attrition

Have you also noticed that IT and startups are facing a major HR management challenge? The high rate of attrition is becoming a big problem for the industry. It seems like talented employees are always on the move, looking for better opportunities elsewhere. With so many companies out there vying for the same talent pool, […]

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HCL Tech attrition rate drops; hiring slows down by nearly 60%
Industry

HCL Tech attrition rate drops; hiring slows down by nearly 60%

A multinational information technology services and consulting company, HCL Tech announced the results for the quarter that ended March 2023 (Q4FY23) period. The company reported a net addition of 17,067 employees for the fiscal year 2023, there is a significant drop of around 57.3 percent from the 39,900 employees added in FY22. C Vijay Kumar, CEO […]

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Over 90,000 Infosys employees left in last one year
Industry

Over 90,000 Infosys employees left in last one year

Is the Great Resignation Over? Nope… It’s still going on. If we look at the data of an IT giant Infosys which announced results for the third quarter that ended December 31, 2022, on January 12, 2023. IT major Infosys reported an attrition rate of 24.3 percent for its Q3FY23, December ending quarter. This was less […]

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Cognizant to focus on employee retention to trigger growth: MD
Industry

Cognizant to focus on employee retention to trigger growth: MD

Cognizant, one of the world’s leading professional services companies announced its fourth-quarter and full-year 2022 financial results. According to ET Reports, Rajesh Nambiar, MD and Chairman of Cognizant India said that the firm will be more employee-centric, strengthen on winning larger deals, and have better operational metrics to “accelerate growth”. “The team, including the CEO, will meet […]

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Cognizant attrition eases to 19%, added 5,900 employees in Q4
Industry

Cognizant attrition eases to 19%, added 5,900 employees in Q4

Yesterday, Cognizant, one of the world’s leading professional services companies announced its fourth-quarter and full-year 2022 financial results. Key Highlights Headcounts The company has announced the total headcount at the end of the fourth quarter was 355,300, an increase of 5,900 from Q3 2022 and an increase of 24,700 from Q4 2021. Attrition Voluntary attrition, […]

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