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INDIA ATTRITION 2023
India's cybersecurity talent gap grows as skills prove hard to findIndia faces a critical cybersecurity talent shortage, with nearly 39,000 unfilled positions, especially in emerging fields like IoT and blo...
The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
India salary hikes to stay at 9% in 2026; manufacturing, auto to leadThe manufacturing & engineering sector and the automotive sector are set to have the highest salary increases of 9.5%, with global capabili...
India Inc to see 9% salary increments in 2026, with manufacturing, automotive sectors set for highest hikesIndian companies are set to give average salary hikes of 9% in 2026. Manufacturing and automotive sectors will see the highest increases at...
India Inc's attrition rates in 2024 hit lowest point since 2020 amid subdued hiring environment, market uncertaintiesAttrition levels in India Inc dropped to 17.4% in 2024, the lowest since 2020, due to reduced hiring, layoffs, and economic uncertainty. Th...
High employee attrition of 25 pc in private banks pose operational risk: RBI ReportEmployee attrition in private sector banks has risen to about 25 per cent, posing significant operational risks. The Reserve Bank of India ...
Deloitte aims $5 billion revenue from India business by 2030: South Asia CEODeloitte aims to quadruple its India revenue to USD 5 billion by 2030, targeting Rs 20,000 crore by 2027. The firm reported Rs 10,000 crore...
Attrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey showsA survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines...
9.6% average salary increase for India Inc in 2024: EY Future of Pay 2024 reportThe second edition of EY's 'Future of Pay 2024' report predicts that India Inc will witness an average salary increase of 9.6% in 2024, sim...
Workforce attrition in restaurant sector at three-year high amid expansionInvestment and funding have picked up in recent months, with new local entrants and global chains driven by India’s young population, among...
Salary hikes likely to remain flat this yearEngineering firms and non-banking financing companies (NBFCs) are likely to give hikes of over 10%, according to Aon. This set is followed ...
India Inc likely to give 9.5% average pay hike in 2024: AonThis year’s pay hike would be slightly lower than 2023's 9.7% amid tepid sentiment in sectors like tech consulting and services, ecommerce,...
India leads in salary growth projections in APAC; these sectors will give higher hikes this yearAon's Annual Salary Increase and Turnover Survey 2023-24 India reveals unchanged attrition rates and a softening of mass talent demand. Com...
Fewer workers exit India cos on global economic woes; attrition rate improves in 2023Lack of growth opportunities, inadequate compensation, job recognition programmes, workplace culture and poor work-life balance were the to...
Attrition levels drop as executives stay put in uncertain business environmentAttrition rates at India Inc decreased to 17% in 2023 from 19.7% in 2022, influenced by a subdued job market, macroeconomic challenges, sec...
More women logging out of tech jobs amid return-to-office callThe attrition rate has doubled compared with male employees in the industry amid return-to-office call.
‘Back to office’ trend triggers higher attrition among women employees of TCSIn a note to shareholders in the annual report, Milind Lakkad, HR head of TCS said that historically women’s attrition at TCS has been simi...