Friday, 24 March, 2023

IT orgs to Experience Lesser Attrition in Upcoming Quarters

<p>Market observers predict that the high attrition rates in the Indian IT industry over the next two to three quarters will be dampened by concerns about the impending global recession and a wave of start-up layoffs, even though the majority of major tech companies announced an easing of supply side pressures in the September quarter. Infosys, whose high rates of attrition had previously troubled analysts, announced reduced attrition of 27.1% in the most recent quarter.</p>