22 lakh Indian IT professionals likely to leave jobs by 2025: Report
The attrition rate in the IT-BPM sector in India is reaching gigantic proportions and up to 22 lakh IT professionals are likely to quit their jobs by 2025, a report has said.
The attrition rate in the IT-BPM sector in India is reaching gigantic proportions and up to 22 lakh IT professionals are likely to quit their jobs by 2025, a report has said.
In addition to senior IT and IT security roles, C-level executives are now half as likely to be exposed to dismissals - 10 percent in 2021 compared to 11 percent in 2018.
E.V. Ramana Reddy, Additional Chief Secretary, Department of Electronics, IT, BT & Science and Technology had issued an advisory to the National Association of Software and Service Companies (NASSCOM) on August 21. It was requested to the IT companies operating in the surrounding areas of Outer Ring Road (ORR) extend the Work From Home (WFH) period till December next year.
The study carried out by American think-tank National Foundation for American Policy noted that between 2015 and 2019, the denial rate for new H-1B petitions for initial employment quadrupled from six to 24 per cent.
India's Tata Consultancy Services or TCS is the only Indian company in top 10 for the year 2018.
The Ministry of Electronics and IT stated the Corporate Social Responsibility platform would help IT and electronic professionals to share their stories.
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