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Tata Consultancy Services: Attrition remains high at 17.4% in Q4 at TCS : Rashtra News #Tata #Consultancy #Services #Attrition #remains #high #TCS Attrition at Tata Consultancy Services (TCS) continued to remain high at 17.4% in the quarter ended March 31, 2022 — a rise of 210 basis points sequentially. However, the good news is that
TCS Q3 result: TCS reported 4 per cent YoY revenue growth and 2 per cent YoY profit growth in Q3 of FY24. The company's operating margin improved by 50 bps to 25 per cent.
Even in Q1 FY24, TCS had paid out 100 per cent of the variable pay to a major part of its workforce. On the other hand, its peers Infosys and Wipro rolled out only 80 per cent variable pay for the quarter.
Revenue rises 8% but remains flat QoQ; CEO Krithivasan underlines demand slump
'Our strategy of proactively hiring bright freshers and investing in training them with the right skills is paying off,' says CHRO Milind Lakkad