Rediff.com is reporting some very interesting numbers here. As per them, the top four Indian IT Outsourcing firms, namely TCS, Infosys, Wipro and Satyam, together witnessed an attrition of over 10,000 people (!!!) in the Q1 ending June 2007. That's a huge number by any standards.
Poor infrastructure, rising salaries, stronger rupee, amazingly high attrition rates - Do we need any more indicators for a severe reversal?
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1 comment:
Good blog Sandeep! And good luck at Warton.
http://opensemi.blogspot.com
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