Business

Thursday 18 July 2013

TCS says attrition rate at all-time low

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Tata Consultancy Services, India's No. 1 software services exporter, said its employee attrition rate was at an "all-time low," at the end of the June quarter. 

For the IT services staff, attrition was at its lowest in 27 quarters, chief executive N Chandrasekaran told reporters in Mumbai, after the company beat expectations for the fiscal first quarter that ended June 30. 

The churn is less than 10% on a leading-twelve-months basis.

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