Wipro sacks 120 employees in US over 'realignment of business needs'
1 min read . Updated: 18 Mar 2023, 11:16 PM IST
Premium- Wipro has said in a statement that those who have been impacted by the recent round of layoffs include over 100 processing agents
Several IT companies have undertaken mass layoffs and cost-cutting measures fearing an economic downturn. Wipro, a prominent IT company, has now announced that it would lay off at least 120 employees in the United States. Wipro cited a "realignment of business needs" for its decision to layoff 120 employees, according to some media reports.
Wipro has said in a statement that those who have been impacted by the recent round of layoffs include over 100 processing agents. Several team leaders and a team manager, too, have been laid off, according to a report.
The report mentioned: “More than 100 of the impacted employees are processing agents. The rest who have been sacked are team leaders and a team manager."
According to Wipro, the event was a "singular occurrence" and that the company remains committed to the Tampa region.
They have also confirmed that there is no impact on the rest of the company's workforce serving clients in the Tampa region, the United States.
"Wipro remains deeply committed to the region. And all other Wipro employees serving clients in the Tampa area remain unaffected," the company was quoted as saying. The layoffs will begin in May, it said.
Recently, Wipro Ltd had asked campus hires if they were willing to join the company with lesser pay, in a move that has sparked uncertainty among the chosen candidates. India’s fourth largest software services company wrote to tech graduates it had hired for the Turbo programme with salary offers of ₹6.5 lakh per annum that they would instead be placed in the Elite programme, which offers ₹3.5 lakh.
