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VOLUNTARY ATTRITION
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, ...
Infosys Q4 headcount falls by 8,440; attrition rises to 12.6%Infosys saw its employee base decrease by 8,440 in Q4FY26, despite reporting higher quarterly profits. The IT major's total headcount stood...
Cognizant CEO’s 2025 realised pay increases 30% to $10.7 millionCognizant Technology Solutions chief executive Ravi Kumar S took home $10.7 million in realised compensation in 2025, a more than 30% incre...
TCS bets on AI hiring, partnerships as currency gains lift margins; eyes 360-degree ecosystem playTata Consultancy Services, India's largest IT firm, saw its profits grow slightly. This was helped by favorable currency rates and better o...
TCS Q4 FY26: Attrition rises to 13.7%; 2,356 employees added during the quarterTCS Q4 FY26: Alongside workforce adjustments, the IT major highlighted continued investments in employee upskilling. It also unveiled wage ...
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...
Auto, manufacturing, life sciences companies may offer highest pay hikes this yearA survey by HR consulting firm Mercer projects the highest salary increases in India's automobile, manufacturing and engineering, and life ...
Wipro headcount down by 8,812 employees, voluntary attrition at 8-quarter lowIT major Wipro reported a decrease of 8,812 employees in the June quarter, with voluntary attrition rates falling to an 8-quarter low of 14...
From retention to 'voluntary' attrition, IT rethinks strategySeveral companies are looking at rationalising their workforce expenses over the next few months through different means including putting ...
Wipro attrition rate moderates for 4th quarter to 21.2%Voluntary attrition moderated 180 bps from the previous quarter, landing at 21.2% for the trailing 12 months for the quarter," Wipro said i...
Cognizant to hire 100,000 people to mitigate the impact of elevated attritionCognizant's attrition is higher than the industry average. For the quarter ended June, TCS's attrition rate stood at 8.6%, Infosys' at 13.9...
HCL plans to give Mercedes-Benz to performersIt’s a technologist’s market and IT firms are warming up to cool perks and cash-based incentives to retain talent as replacements may come ...
Cognizant attrition rises again, impacting revenueCognizant's voluntary attrition rose to 18%, a 2% increase over the December quarter, despite a series of measures to attract and retain ta...
Cognizant to hike bonus, offer more promotionsCognizant is also offering performance-based salary hikes to around 160,000 employees globally this year.
Infosys to hire more freshers, targets $150 million in cost savingsAnalysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. The company’s margins hav...
The not-so-good news for India’s white collar workforceOverall attrition, which measures job change frequency, is at a five-year low, and year-on-year headcount increase, indicative of the pace ...
India Inc's average salary hike expected to be 9.7% in 2019: SurveyAon today released the 23rd edition of its annual Salary Increase Survey in India.
Salary hikes, voluntary attrition decline in Q1 FY18: SurveyAmid conservative appraisals in most sectors, the survey said the IT industry was in the forefront with several companies deciding to defer...
- Wipro's BPO unit sees 73% attrition rate
The business processing unit of IT bellwether Wipro has seen an annualised attrition rate of 73 per cent for 2006-07, a top company executi...