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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: Jan 2023
HCLTech hires more than Infosys, TCS in Q
Industry

HCLTech hires more than Infosys, TCS in Q

Jan 13, 2023

Infosys attrition rate drops in Q, to hire , freshers by FY

An Indian multinational information technology company, Infosys has announced results for the third ...

Industry
Jan 13, 2023
Infosys attrition rate drops in Q, to hire , freshers by FY

Accenture accorded , promotions in India

IT service industry has been competitive and robust and Accenture as an eminent player has enhanced ...

Industry
Dec 5, 2022
Accenture accorded , promotions in India

Tech Mahindra reports attrition rate of , will continue hiring

An Indian multinational information technology services and consulting company, Tech Mahindra announ...

Industry
Nov 1, 2022
Tech Mahindra reports attrition rate of , will continue hiring
Capgemini organised Prithvi Mela in Hyderabad
Industry

Capgemini organised Prithvi Mela in Hyderabad

Last week, a french multinational information technology (IT) services and consulting company, Capgemini organized a Prithvi Mela in Hyderabad. Sharing the information company said through a post, “We recently organized Prithvi Mela, a unique fair to inspire and empower all our employees to adopt a more environment-friendly lifestyle, at our Hyderabad campus.” “The objective was to create awareness and engage […]

Oct 29, 2022
Wipro promotes 10,000 employees in the second quarter
Industry

Wipro promotes 10,000 employees in the second quarter

Wipro Limited, a leading technology services and consulting company has announced financial results under International Financial Reporting Standards (IFRS) for the second quarter that ended September 30, 2022. The company reports second-quarter earnings and records strong growth in revenues and large deal signings. Thierry Delaporte, CEO and Managing Director, said, “Our strong performance in the […]

Oct 13, 2022
Key Steps and Processes for the Succession Planning
Succession Planning

Key Steps and Processes for the Succession Planning

“I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come. I hereby resign as CEO of Apple. As far as my successor goes, I strongly recommend that we […]

Oct 5, 2022
66% employees plan to leave current company in next three to nine months
Industry

66% employees plan to leave current company in next three to nine months

According to the finding of Capgemini Research Institute’s latest report, the report finds that 34% of all employees are planning to leave their current company within a year. Of this group of employees who intends to leave, two in three (66%) plan to do so in the next three to nine months. Only 28% of […]

Oct 4, 2022
Over 2 Lakh employees left in last 1 year from these IT companies
Industry

Over 2 Lakh employees left in last 1 year from these IT companies

India’s IT sector has been dealing with an all-time high attrition rate over the last few quarters. Amid the rising attrition, IT companies are also fighting with issues such as moonlighting, shortage of digital talent, rising demand for tech talent, and increased compensation. Tata Consultancy Services (TCS), Infosys, and Wipro – the top three IT […]

Sep 28, 2022
Is IT Industry exploiting freshers, why attrition is so high?
Industry

Is IT Industry exploiting freshers, why attrition is so high?

The information & Technology Industry has reported a sharp rise in attrition since last year. The companies like TCS, Infosys, Cognizant, Capgemini, Wipro, HCL and facing the same challenge and also face cost overloads and margin pressures after the US recession fear. April – June Quarter Attrition In the last quarter this year, the companies […]

Sep 21, 2022
Cognizant attrition zooms to 36%, CEO under siege
Industry

Cognizant attrition zooms to 36%, CEO under siege

Information technology services and consulting company, Cognizant Technology Solutions Corp. has announced a historic high Attrion of 36 percent in the second quarter, ending on June 30, 2022. This is now under the spotlight after one analyst has demanded from the board of Cognizant to investigate the company’s underperformance, and possibly even consider replacing the […]

Aug 17, 2022
How to Manage Attrition in the Food Industry
Employee Engagement

How to Manage Attrition in the Food Industry

If you keep withdrawing money from your bank and won’t deposit anything over a long period, your bank account will come to the verge of closing. This depicts the need for balance in life. This balance is the sole factor that helps in running various industries efficiently and successfully. The food industry is no exception. […]

Aug 5, 2022
Cognizant attrition rate increased to 31% from 26% in Q2FY22
Industry

Cognizant attrition rate increased to 31% from 26% in Q2FY22

One of the world’s leading professional services companies, Cognizant has announced its second quarter 2022 financial results. Cognizant’s headcount expanded to over 341,000 employees globally in Q2 amid an intensely competitive labour market. The voluntary annualized attrition rate increased to 31% from 26% in the preceding three months indicating strong demand for tech talent across […]

Jul 28, 2022
Tech Mahindra added 6,862 new employees in Q1, attrition rate drops
Industry

Tech Mahindra added 6,862 new employees in Q1, attrition rate drops

IT services major, Tech Mahindra announced its first quarter financial results, Q1FY23 ended on June 30, 2022. The consolidated net profit fell 16.4% year-on-year to Rs 1,132 crore in the fiscal first quarter, deeper than what analysts had estimated on higher employee and subcontracting costs. The Cash and Cash Equivalent at USD 1,114 mn as […]

Jul 26, 2022
Infosys adds highest number of employees in Q1, offered pay hike
Industry

Infosys adds highest number of employees in Q1, offered pay hike

IT major, Infosys has announced that it has reached a total headcount of 3,35,186 employees in Q1FY23, with the net addition of 21,171 people in the first quarter ending on June 30. Furthermore, the company’s attrition rate has increased to 28.4% in Q1FY23 expanding by 70 basis points from 27.7% in Q4FY22. In Q1FY22, the […]

Jul 25, 2022
HCL Tech attrition rises to 23.8%, added over 6K freshers in Q1
Industry

HCL Tech attrition rises to 23.8%, added over 6K freshers in Q1

IT major, HCL Technologies has hired a total of 6,089 freshers for the quarter ending June 2022. The total headcount of the company is 210,966 globally. The total employees in the technical category were 197,226 employees while 13,740 employees were in the sales and support category as of June 30, 2022. In Q1FY23, headcount rose by […]

Jul 14, 2022