- Tech Mahindra’s quarterly attrition rate fell to 20% from 22% in April-June 2022.
- Tech Mahindra’s attrition fell from 21% in the year-ago quarter, defying industry averages. After five quarters of rising attrition, the firm saw a decline.
Attrition rate is calculated annually.
- Q2 FY23 saw 5,877 hires, down from 6,862 in Q1 and 14,930 in Q2. 163,912.
Tech Mahindra hired 10,000 freshers in FY22 and plans to hire 10,000 in FY23.