WebFeb 6, 2024 · BENGALURU: Cognizant 's annualised attrition rate in the December quarter was 19%, one of the highest among the large IT companies. Attrition for most Indian peers were in low double digits, … WebOct 28, 2024 · Updated: 28 Oct 2024, 05:06 PM IST Ayushman Baruah More than 200,000 of Cognizant's total 318,400 employees work in India. The attrition rate of TCS was …
Talent churn in IT sector may stabilize in 6 months: Experts
WebJun 24, 2024 · The Nifty IT index settled 0.9 per cent lower on Friday, as against a 0.9 per cent rise in the Nifty50 index. According to analysts at ICICI Securities, Accenture’s Q3 saw moderation in year-on-year growth rate across verticals and US regions, which signals at likely normalization in revenue momentum for Indian IT services going forward. WebNov 10, 2024 · Cognizant India has said that it had a 6 per cent involuntary attrition in Q2. The numbers of layoffs due to failed background checks and moonlighting have increased over the last few months. first service federal credit union near 43230
Cognizant and Capgemini to announce Q2 Results for FY22 on …
WebJul 29, 2024 · Voluntary attrition in the second quarter stood at 29%. The company has over 301,200 employees. Cognizant's attrition rate is higher than the industry average. For the quarter ended June, TCS's attrition rate stood at 8.6%, Infosys' at 13.9%, Wipro at 15.5% and HCL Tech's at 11.8%. Accenture had reported 17% attrition in the March to … WebMay 5, 2024 · As the attrition rates came down, Cognizant has added less number employees i.e 9,800 on a quarterly basis in Jan-Mar as against 12,200 in the previous quarter. Cognizant, one of the world’s leading professional services companies, today announced its first-quarter 2024 financial results. The company grew 11.5% on year to … WebDec 21, 2024 · The company said that its attrition has fallen 200 bps sequentially to 17% in the first quarter of financial year 2024. This was multi-quarter high of 19% in Q4FY21. A global IT Major Accenture has reported financial results for the first quarter of fiscal 2024, ended Nov. 30, 2024, with revenues of $15.0 billion, an increase of 27% in both U.S ... first service find my community