When is cts going to do market correction again? Heard that incoming mba hires are being offered more than last year batch...

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It is not gonna happen this year...as per reports, they feel now the attrition is lowering

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Yes. This is true. Last 3 quarters consistent 35% attrition. So practically most of the population left. The major chunk now are new folks so they will not leave anytime soon.

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It may not happen. As per recent interview CEO mentioned that the company spent 1B USD as part of retention and bonus. I doubt they will spend even more as it will dent the margin.

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They might have already left (most of them)🤣

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Same, they always hire for more and let us hanging. Last year it happened in July first or second week. Guess it'll happen at the same time this year as well.

So, I hope they won't club market correction and usual appraisal hike(based on ratings etc.) together? Also, aa they did market correction last year, will it happen again this year ?

Nop, they won't club.

All my colleagues said that it'll happen. Fingers crossed

https://www.thehindubusinessline.com/info-tech/cognizant-spent-1-billion-additionally-to-arrest-attrition-ceo/article65293323.ece

Is this true?

Which one you asking !

I mean, no market correction?

Right

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