Tech Mahindra Q1FY26 results: Attrition rate a 12.6 percent; job cuts across IT, sales and support

Tech Mahindra reported its Q1FY26 numbers on Wednesday, and the company reported a year-on-year reduction in employee headcount. The highest number of job cuts has been seen in IT, sales and support.

Tech Mahindra reported a 12.6 per cent attrition rate in the first quarter of fiscal year 2026. The company reported a total headcount of 1,48,517 in Q1FY26, up by 897 on a YoY basis. However, the company has cut employee headcount in the IT department as the employee count has reduced from 80,417 in Q1FY25 to 79,987