[excel] How to replace text of a cell based on condition in excel

You can use the IF statement in a new cell to replace text, such as:

=IF(A4="C", "Other", A4)

This will check and see if cell value A4 is "C", and if it is, it replaces it with the text "Other"; otherwise, it uses the contents of cell A4.

EDIT

Assuming that the Employee_Count values are in B1-B10, you can use this:

=IF(B1=LARGE($B$1:$B$10, 10), "Other", B1)

This function doesn't even require the data to be sorted; the LARGE function will find the 10th largest number in the series, and then the rest of the formula will compare against that.