Press Esc to close

Wipro sacks about 700 employees

N V Vijayakumar, DH News Service, Bengaluru, Apr 21 2017, 2:30 IST
Majority of the sacked employees are from the senior level and have served for over 10 years on the same technology area. DH File Photo

Majority of the sacked employees are from the senior level and have served for over 10 years on the same technology area. DH File Photo

India’s third-largest IT services company Wipro laid off around 700 employees in various levels under the annual assessment process.

Majority of the sacked employees are from the senior level and have served for over 10 years on the same technology area.

“As per fiscal 2017 Q3 result statement, Wipro has a total headcount of 1,79,129 employees. The company is going to sack at least 5% of the total employees,” said an employee working at an offshore location.

To an email query from DH, a Wipro official said the layoffs are part of an annual process, which involves finding non-performers and people who are on the bench, and clearing them out.

“Wipro undertakes a rigorous performance appraisal process on a regular basis to align its workforce with the business objectives, strategic priorities of the organisation, and requirements of our clients,” the company stated.

“This systematic and comprehensive performance evaluation process triggers a series of actions such as mentoring, retraining and upskilling. The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year,” Wipro stated.

According to analysts, the move comes at a time when the IT sector is facing several headwinds, both high technology adoption like artificial intelligence and machine learning and proposed curbs on worker visa norms by countries like the US, Singapore, Australia and New Zealand.

Go to Top

More from this section
Most trending stories
Photo Gallery
Sri Lanka's Suranga Lakmal in action during the first ODI cricket match against India at the HPCA...

Sri Lanka's Suranga Lakmal in action during the first ODI cricket match against India at the HPCA...

Family members of various fishermen, who are still missing following cyclone Ockhi...

Family members of various fishermen, who are still missing following cyclone Ockhi...

LGBT people raise slogans during 16th Kolkata Rainbow Pride Walk in Kolkata on Sunday...

LGBT people raise slogans during 16th Kolkata Rainbow Pride Walk in Kolkata on Sunday...

Vice President M Venkaiah Naidu honours MSSRF Chairman M S Swaminathan at an award function...

Vice President M Venkaiah Naidu honours MSSRF Chairman M S Swaminathan at an award function...

Prime Minister Narendra Modi being presented a lotus-garland by the BJP workers during an election..

Prime Minister Narendra Modi being presented a lotus-garland by the BJP workers during an election..

Rahul Gandhi, Vice-President of India's main opposition Congress Party, is garlanded by supporters..

Rahul Gandhi, Vice-President of India's main opposition Congress Party, is garlanded by supporters..

Dressed in Santa Claus outfits, a diver feeds sardines as part of events to celebrate...

Dressed in Santa Claus outfits, a diver feeds sardines as part of events to celebrate...

A model showcases a creation by designer Tarun Tahiliani at Fashion Tour 2017 in Mumbai...

A model showcases a creation by designer Tarun Tahiliani at Fashion Tour 2017 in Mumbai...

A farmer works at his mustard field at a village on the outskirts of Amritsar on Saturday...

A farmer works at his mustard field at a village on the outskirts of Amritsar on Saturday...

Border Security Force (BSF) jawans during a training session at Kathua, about 90 kms from Jammu...

Border Security Force (BSF) jawans during a training session at Kathua, about 90 kms from Jammu...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.