Sharp increase in Infosys employee attrition is a cause of worry: Investec
- Infosys reported a voluntary attrition rate of 15.2% for its IT services segment during the March quarter, up from 10% in the preceding quarter.
Infosys Ltd shares fell as much as 5.5% on Thursday, a day after the Indian software services firm reported quarterly net profit below analysts' estimates and on worries that a spike in voluntary attrition could squeeze margins.
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