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Infosys Q2 results: Attrition narrows to 14.9% even as headcount shrinks by 7,530 in September quarter

Infosys reports 3.1% rise in net profit as headcount shrinks, attrition narrows

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IT firms must use this slump to reinvent themselves

The sector’s slowdown is cyclical and correlates to slow global growth, but companies can’t afford to simply wait for the global times to return

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Infosys let go of 3,611 employees in Q4, attrition rate dips sharply to 20.9%

Infosys' attrition rate has been declining in overall FY23. It stood at 24.3% in December 2022 quarter lower from 27.1% in Q2FY23 and 28.4% in Q1FY23.

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Infosys won orders worth $2.1 billion in Q4, FY23 order wins stood at $9.8 billion

Today, Infosys, a major player in the IT industry, released its Q4FY23 results, which fell short of expectations.

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TCS fares better with lowest attrition rate; Infosys, Wipro lag

TCS fares better with lowest attrition rate; Infosys, Wipro lag
India's largest IT services company Tata Consultancies Services (TCS) continues to have the lowest attrition rate among the top three tech companies in India at 7.2 per cent for the quarter ending March 2021
Manoj Sharma | April 16, 2021 | Updated 11:37 IST
All the three big companies expect attrition rate to inch up in the April-June quarter of FY21
The big three of Indian IT industry, TCS, Infosys and Wipro have announced their fourth quarter financial results and all of them have ended the financial year 2020-21 on a high note. A high attrition rate amid huge demand for professionals, however, remains a worry. India's largest IT services company Tata Consultancies Services (TCS) continues to have the lowest attrition rate among the top three tech companies in India at 7.2 per cent for the quarter ending March 2021.

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