India’s third largest software services company Wipro is learnt to have sacked hundreds of employees as part of its annual “performance appraisal”. It is believed that the company has shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000. At the end of last year, the Bengaluru-based company had over 1.79 lakh employees.Telugu News Online
The IT major’s move to weed out “non-performers” has come at a time when the technology services industry is struggling to battle the twin challenges of automation and protectionism in its main markets.
The IT major’s move to weed out “non-performers” has come at a time when the technology services industry is struggling to battle the twin challenges of automation and protectionism in its main markets.