On consolidated bases, including subsidiaries worldwide, attrition declined to 19.9 percent by September-end from 24.8 percent in same period year ago and 19.2 percent quarter ago. "Attrition is no longer an issue in the company as it is under control and it is at the industry level on average," Rao said. Though the company and its subsidiaries worldwide added 17,595 employees in the quarter under review, exit of 9,142 techies led to net addition being 8,453 and total headcount to 187,976 from 179,523 quarter ago and 165,411 year ago. Gross addition was 11,889 quarter ago and 14,255 year ago and net addition was 3,336 quarter ago and 4,127 year ago. Lateral addition, however, has gone up to 7,452 in Q2 from 5,886 quarter ago and 4,774 year ago.On the sudden resignation of chief financial officer (CFO) Rajiv Bansal and its acceptance with immediate effect, chief executive Vishal Sikka said it was a personal decision and normal in any company.
"In course of life of an individual or a company, people joining and leaving are normal and happen naturally as in my case when I left (German software major) SAP after a decade there. Bansal is leaving for better opportunities and wants to do something on his own," he said, playing down the exit. Company's head of strategic operations M.D. Ranganath will be the new CFO from Tuesday though Bansal will continue as an advisor to Sikka and the board till December 31 for a smooth transition.