The company’s staff strength for the quarter ended December was 240,234 as against 244,707 in the previous quarter.
The company’s headcount declined by 21,875 year-on-year (YoY). In the year ago period, Wipro had reported 262,109 employees.
Voluntary attritionn has continued to moderate QoQ, at 10-quarter low of 12.3% in Q3 FY24, the company said in a statement.
Wipro recorded a sequential dip of more than 5,000 employees to 244,707 in its headcount for the quarter ended September 2023. Its voluntary attrition for IT services stood at 15.5%. The company’s staff strength for the quarter ended June was 249,758.
Meanwhile, HCLTech on Friday reported an addition of 3,617 employees for the quarter ended December 2023 compared to the previous quarter (Q2 FY24).
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The company’s staff strength for the quarter ended December was 224,756 as against 221,139 in the quarter ended September 2023.The company’s headcount increased by 2486 YoY. In the year ago period, HCLTech had reported 222,270 employees.
On Thursday, India’s top two IT majors – Tata Consultancy Services and Infosys – reported a dip on the hiring front in the fiscal third quarter.
Together, the companies reported a decrease in headcount by 11,781 over the fiscal third quarter. Last quarter, the two companies reported a sequential headcount dip of 13,863.
The two companies combined saw headcount fall by 34,851 year-on-year. Headcount at TCS dropped by 10,669 and that at Infosys by 24,182 since the third quarter of the previous fiscal.
The company’s staff strength for the quarter ended December was 240,234 as against 244,707 in the previous quarter.
The company’s headcount declined by 21,875 year-on-year (YoY). In the year ago period, Wipro had reported 262,109 employees.
Voluntary attritionn has continued to moderate QoQ, at 10-quarter low of 12.3% in Q3 FY24, the company said in a statement.
Wipro recorded a sequential dip of more than 5,000 employees to 244,707 in its headcount for the quarter ended September 2023. Its voluntary attrition for IT services stood at 15.5%. The company’s staff strength for the quarter ended June was 249,758.
Meanwhile, HCLTech on Friday reported an addition of 3,617 employees for the quarter ended December 2023 compared to the previous quarter (Q2 FY24).
Discover the stories of your interest
The company’s staff strength for the quarter ended December was 224,756 as against 221,139 in the quarter ended September 2023.The company’s headcount increased by 2486 YoY. In the year ago period, HCLTech had reported 222,270 employees.
On Thursday, India’s top two IT majors – Tata Consultancy Services and Infosys – reported a dip on the hiring front in the fiscal third quarter.
Together, the companies reported a decrease in headcount by 11,781 over the fiscal third quarter. Last quarter, the two companies reported a sequential headcount dip of 13,863.
The two companies combined saw headcount fall by 34,851 year-on-year. Headcount at TCS dropped by 10,669 and that at Infosys by 24,182 since the third quarter of the previous fiscal.