Friday, April 21, 2017

Wipro gives pink slips to 350-400 employees across India:

 Wipro sources said the layoffs are part of an annual process of the company, which involves finding non-performers and people who are on bench, and clearing them out. At a time when the IT sector is facing several headwinds, Indian tech major Wipro is trimming its workforce. S that about 350-400 people have been asked to leave the company Wipro sources said the layoffs are part of an annual process of the company, which involves finding non-performers and people who are on the bench, and clearing them out. At the end of December 2016, the Bengaluru-based company had over 1.79 lakh employees

When contacted, Wipro said it undertakes a "rigorous performance appraisal process" on a regular basis to align its workforce with business objectives, strategic priorities of the company, and client requirements. "The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year," it added. The number is less than one percent of the company's total workforce and is minute compared to Cognizant's purported plan to sack over 6,000 employees. A focus on automation in the sector and US President Donald Trump's protectionist policies have greatly affected the Indian IT sector over the last few months

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