Wednesday, January 14, 2026
Stable Talent and Strong Demand: Infosys Slashes Attrition to 12.3% and Targets Aggressive Campus Hiring for 2027.
The GMA Admin
BENGALURU — Infosys reported a significant cooling in employee turnover on Wednesday, Jan. 14, 2026, with voluntary attrition dropping to 12.3% in the third quarter, down from 13.7% a year ago. While the IT giant saw a net headcount addition of over 5,000 employees, its bottom line faced a one-time exceptional hit of ₹1,289 crore ($143 million) due to the implementation of India’s new labour codes, resulting in a 2.2% year-on-year dip in consolidated net profit to ₹6,654 crore.
Wage Hike Handoff: Decisions Deferred
Despite the stabilizing workforce, CFO Jayesh Sanghrajka confirmed that no decision has been made regarding the next wage hike cycle. The company recently concluded a two-part wage increase in January, and leadership indicated that further salary decisions will be made “as we progress” over the coming months.
Hiring Spree Continues
CEO Salil Parekh expressed strong confidence in market demand, particularly in emerging AI sectors.
- Current Onboarding: Infosys has onboarded roughly 18,000 freshers so far this fiscal year.
- Future Outlook: The company plans to maintain a hiring target of 18,000 to 20,000 for the next financial year.
- Total Workforce: As of Dec. 31, 2025, the total headcount stands at 3,37,034 professionals.
Revenue and Guidance Upgrade
While profits were squeezed by the labour code’s impact on gratuity and leave liabilities, the company’s top line remained resilient. Revenue from operations rose 8.9% YoY to ₹45,479 crore. Encouraged by “stellar” large deal wins totaling $4.8 billion, Infosys raised its FY26 revenue growth guidance to 3%–3.5%, up from its previous 2%–3% estimate.
Stability Amid Transition
The Q3 results paint a picture of an IT leader in transition—successfully stemming the tide of the “Great Resignation” while navigating significant statutory shifts. By trading short-term profit margins for long-term stability in its workforce and raising revenue outlooks, Infosys is signaling a pivot toward sustainable growth. However, for the 3.3 lakh employees awaiting news on pay increases, the CFO’s “wait-and-watch” stance suggests that the benefits of lower attrition have yet to translate into immediate salary boosts.