boAt flags rising attrition, ‘cannot assure employee relations will remain cordial’
Popular consumer electronics startup boAt recently filed its papers for a Rs 1500 crore IPO — prompting intense scrutiny of its internal processes. The company has seen its attrition rate rise rapidly with hundreds of employees leaving over the past three years. boAt reported an attrition rate of 34% among full-time employees for FY25 and saw another 31 employees leave within the three months of the current financial year.
