Carnage in Indian IT? As Wipro fires 500, here is what other cos are doing

Trump's tightening H-1B visa norms, AI and automation are weighing heavy on India's IT workers

Wipro layoff, IT jobs

Wipro's move to sack around 500 of its employees as part of its appraisal process is indicative of the churn in India's information technology (IT) sector — which is moving towards increasing automation, use of artificial intelligence and is beset by tightening visa regulations. (Read more)  The company is reported to have weeded out "non-performers" after a "rigorous performance appraisal". However, what happened at Wipro is not an outlier, other IT majors like Cognizant, Infosys and Capgemini are also facing their own share of challenges, ...