Wipro
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Indian IT sector to reduce college hiring by 40%, will prioritise last year’s offers first
Mehul Das •The Indian IT sector is in a very bad shape, because of which the industry had to lay off employees in the thousands. This year, the Indian IT sector will be cutting down hiring through colleges placements by at least 40%. Industry giants will be prioritising placing recruits hired last year.
'It's unjust': The uproar over Wipro's 50% salary cut to freshers
•Wipro, the IT company headquartered in Bengaluru, reached out to freshers to whom it had earlier rolled out an offer of Rs 6.5 lakh per annum, and asked them if an offer of Rs 3.5 would be acceptable
From Microsoft, Amazon, Google to Wipro, a look at major job cuts in January
Fp Staff •While all firms may not be on Layoffs.fyi list, here is a look at the major job cuts in IT, IT services and other sectors in January 2023
What Azim Premji’s presence at an RSS function shows: CSR is not as simple as we think
Pramod •Wipro chairman Azim Premji’s attendance of an RSS function on Sunday has justifiably raised eyebrows across the country, but the billionaire businessman escaped with a caveat that he didn’t subscribe to the Sangh ideology.
TCS announces massive salary hike after increasing 8% net profit in previous quarter, details here
Trendingdesk •TCS’ average attrition rate is currently 19.7 percent, down from 21.5 percent recorded in the previous year. TCS recruited 20,000 new employees in the July-September quarter
Wipro releases 5-year salary plans for campus recruits; details here
Trendingdesk •To make sure the new employees are aware of what to expect, Wipro has released a five-year plan for freshers that includes information about their pay scale, annual raises, and incentives
How encroachments by Wipro, society housing super-rich are responsible for Bengaluru floods
Fp Explainers •On the list of encroachers who blocked drains leading to floods in Bengaluru are IT giant Wipro, Prestige, and plush Epsilon, the society which is home to business tycoons like Rishad Premji. Will action be taken against them?
Infosys bans moonlighting, Wipro head calls it ‘cheating’: What’s this practice on the rise in the tech industry?
Fp Explainers •Infosys has sent out an email to its employees warning them against moonlighting, saying it could lead to termination. The practice of taking up a second job during or outside of regular office hours is on the rise in the tech industry, especially with work from home
Wipro net profit rises to Rs 3,092 crore in Quarter 4
•Wipro's consolidated revenue from operations during the reported quarter grew about 28 per cent to Rs 20,860 crore
IT companies set to slash 3 million jobs by 2022 due to automation, says Bank of America report
•Based on average employee costs of $25,000 per annum for India-based resources and $50,000 for US resources, the move will release around $100 billion in salaries and associated expenses