Larsen & Toubro Infotech (LTI) is hiring 4,500 freshers this year, compared to 3,000 last year, as it faces high attrition rate. As of the June quarter, the company employs 38,300, of them as much as 78 per cent are deployed at its offshore centres. And a good portion of the new talent will be locally-sourced from key overseas markets.
Attrition rate at LTI has dropped from 18.3 per cent in Q1 of FY21 to 15.2 per cent in Q1 of FY22 as its net hiring increased from 4 per cent to 6 per cent during this period. On a sequential basis, it has gone up from 12.3 per cent in the March quarter.
LTI is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
