Infant attrition in consumer durables industry stands highest in south India
Infant attrition has emerged as a significant challenge for numerous sectors in recent years, with the consumer durables Sector being particularly affected. Despite the optimistic hiring intent that prevails across these industries—evidenced by a remarkable 86% of consumer durables Sector companies projecting their intent to hire even in the fourth quarter—attrition remains a pressing concern that cannot be overlooked. This phenomenon not only impacts workforce stability but also poses potential risks to productivity and overall business performance. As companies navigate this complex landscape, addressing the root causes of attrition will be crucial for sustaining growth and maintaining a competitive edge.
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