Wipro sacks 600 employees post performance appraisal

According to sources, Wipro has shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000.

By: PTI | New Delhi | Updated: April 20, 2017 8:36 pm
Wipro, Wipro employee, Wipro employee sacked, Wipro employee firing, bengaluru Wipro, indian express news, business news The company, however, did not comment on the number of employees that have been asked to leave.

The country’s third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual “performance appraisal”. According to sources, Wipro 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 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 company, however, did not comment on the number of employees that have been asked to leave. Wipro said its comprehensive performance evaluation process includes mentoring, re-training and upskilling of employees. The company is scheduled to report its fourth quarter and full-year numbers on April 25.

The development comes at a time when Indian IT companies are facing an uncertain environment given the curbs being proposed on worker visa norms by various countries like the US, Singapore, Australia and New Zealand. These companies use temporary work visas to send employees to work on client sites.

With visa programmes in these countries becoming more rigorous, Indian IT companies are likely to face challenges in movement of labour as well as a spike in operational costs. Indian IT companies get over 60 per cent of their revenues from the North American market, about 20 per cent from Europe and the remaining from other economies.

Besides, higher adoption of technologies like automation and artificial intelligence is also reducing the need to have a large number of employees at client site.

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First Published on: April 20, 2017 8:35 pm
  1. V
    Apr 21, 2017 at 6:46 am
    The reservation Raj is the most fertile ground where the mindset of "Near enough is good enough" mentality and "pride in mediocrity" is nurtured. Our political leaders thought up this practice to get easy votes with out raising a sweat Their intellectual inep ude to see the effect of their laziness have now come to bite the collective .s of our nation.It would be really very interesting to look back the 70 odd years to see the number of really innovative and brilliant programmes that was implemented for the betterment of Indians. Pleas don't jump on the 5 year plans because that was also borrowed. The net effect of reservation Raj is mediocrity galore in education ,in workforce and most of all in Governance.
    1. V
      Apr 21, 2017 at 6:16 am
      We have learned the easy way of growing fat on other's innovation and research. This is nothing but stealing which keep our intellect and innovative minds always dormant. The usual refrain we hear from our business is that they don't have the money. In reality we have lots of money, what we lack is the willingness to spend it and am more the easy way. As a result, our engineers are paper tigers and their degrees have only the ornamental values. Almost all the engineering and technical people who are doing good work in India have either got their training abroad or trained by overseas trained people. I personally know a gold me st electrical engineer from Madras IIT was asked to leave because he could not wire up a switch board from the drawings provided. This job is done here as a matter of routine by a certificate holder.so wake up India Otherwise we will be always be at the bottom of the pile along with Ethiopia, chad and Sudan.
      1. M
        Apr 21, 2017 at 4:27 am
        Indian companies learned easy path to make money just services. It is the time focus more on infrastructure projects. A country of 300 Million people creating that many jobs for Indians, How billion people country can not create jobs. Most of the new techonologies developed last 40 years. India creating techno coolies , Not innovations.
        1. P
          Apr 21, 2017 at 3:42 am
          Soon RO will have to eat a humble pie and request the oustees to return with promotions, if they belong to a specific category. I remember similar episode happend in IIT, wherein the DEAN had to resign!
          1. T
            Apr 20, 2017 at 10:26 pm
            Wipro is going to take big hit during third and for quarter of 2017 in U.S. billing and so won't be surprised if sacking figure touches 5 digits by year end
            1. D
              Apr 21, 2017 at 12:46 am
              ya, u know everything..
              1. V
                Apr 21, 2017 at 6:48 am
                shooting the messenger is only done by losers and intellectual pygmies.
              2. V
                Apr 21, 2017 at 6:28 am
                The present trend is pointing that you might be spot on. It would be interesting te look at the reaction of the decision makers. They can either plan to over come this by innovative products, reskilling their workforce or they can do sit and watch in hope for some miracle that will deliver them from the difficulties. Or they can down size the operation just so that the income stream is kept intact. It is the poor young men and women of India who are going to bear the brunt
              3. P
                Apr 20, 2017 at 9:56 pm
                Whose performance? Wipro's performance? All Indian companies are misleading - blaming their performance deficiencies of people and spoiling careers of youngsters.
                1. C
                  Apr 20, 2017 at 9:39 pm
                  Survival of the best is the norm in to days business/world not the reservations based on the birth. Work hard with honesty and sincerity. Jaihind
                  1. C
                    Citizen of India
                    Apr 21, 2017 at 12:01 am
                    Reservations based on the birth is old age practice in India and only so called Groupon of beneficiaries changes from time to time.. Jai Hind
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