India’s great tech talent crunch
Across the globe, millions of employees are quitting their jobs in what has been known as the ‘Great Resignation.’ Although India’s job market is very different from that of the West, there is one small area of the workforce where the local situation is frighteningly similar to that of the rest of the world.
The attrition rate at India’s IT heavyweights has risen dramatically in the previous six months, reaching a range of 20-30 percent per annum (effectively amounting to a new employee roster, or a blank slate, every four years).