IT Service Providers: Hiring Down, Attrition (Back) Up: Says ISG | In the News

Attrition in the global information technology (IT) sector rose in the June quarter for the first time in over a year. This, combined with the industry-wide slowdown in hiring, means that companies can expect some challenges in finding in-demand skills for their engagements, according to global IT research firm, ISG.

Yugal Joshi, Partner at Everest Group, says the talent and attrition issue is not hidden from anyone. Providers can still offer the right skills if given the right price. Therefore, this has to be seen from a pricing perspective as well.

Read more in The Hindu Business Line.

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