Infosys reported a 7.5% decrease in full-year headcount for FY24, first decline in 23 years.
Infosys reported a 7.5% decrease in full-year headcount for FY24, marking the first decline in headcount in 23 years. The total headcount for FY24 stood at 317,240. Net addition dropped by 25,994 employees. Infosys' attrition rate fell to 12.6% in Q4, down from 12.9% in Q3. This is the fifth consecutive quarter with a decline in hiring, and the first time the company has seen a decrease in headcount since 2001.
April 18, 2024
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