The aim of the present investigation is to study the reasons for attrition as expressed by the IT professionals of IBM and PwC. To carry out the study, a group of 100 IT professionals 50 from IBM and 50 from PwC were selected as subjects in this investigation. Equal gender ratio was also considered in this investigation. A General Information Schedule, Perceived Reasons for Attrition Questionnaire and Priority Need Questionnaire were administered to them by giving proper instruction. Findings revealed that there seems to be indication of less reasons for attrition as expressed by both group of IT professionals but comparatively more reasons of attrition were observed among the IT professionals of PwC. Some factors were highlighted by the professionals of both the organizations regarding the reasons for attrition. Findings also reveal that the more the duration of service, the more are the reasons for attrition. Considering the findings of the study, adequate measures may be taken to reduce the reasons for attrition as far as possible. The priority need as expressed by both the group of IT professionals may be considered and assessed properly so that they can do their job with satisfaction.