Employee attrition has been high in the Indian IT sector, reaching double digits for top companies. There are several reasons for this, including increased opportunities elsewhere that match skills in growing areas like cloud, cybersecurity and AI. Employees also want more flexibility and better work-life balance after the changes due to COVID-19. While attrition reduces talent and costs companies money to replace employees, it also allows companies to identify issues and make improvements. However, high attrition can cause delays in projects and loss of knowledge. Companies need to focus on retention strategies like improving the work environment, offering career growth, competitive pay and benefits, and conducting exit interviews to understand reasons for leaving.