After 'rigorous performance appraisal', Wipro sacks nearly 500 employees

The move comes even as Indian IT firms have reduced campus hiring

graph
graph
Ayan Pramanik Bengaluru
Last Updated : Apr 21 2017 | 4:26 AM IST
Wipro, India’s third largest software exporter, has sacked around 500 employees as part of its appraisal process, people in the know said. 

The IT major’s move to weed out “non-performers” has come at a time when the technology services industry is struggling to battle the twin challenges of automation and protectionism in its main markets.   

In the existing tight job market, Indian IT firms have already reduced campus hiring and moved workers whose roles were marginalised owing to automation in different projects. 

While Wipro did not specify the exact number of affected employees, the company said it “undertakes a rigorous performance appraisal process on a regular basis to align its workforce with the business objectives, strategic priorities of the organisation, and requirements of our clients”.

“This systematic and comprehensive performance evaluation process triggers a series of actions, such as mentoring, retraining and up-skilling. The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year,” it said. 

At the end of December, Wipro had 1,79,129 employees.

Wipro’s cross-town rival Infosys said it had reduced its hiring by as much as 60 per cent as it deployed more automation to do repetitive tasks being done by engineers. Infosys added 6,320 people in 2016-17, as against 17,857 in the previous year.

In January, Wipro chief executive officer Abidali Neemuchwala had said the company had redeployed 4,500 people, released due to automation in the first nine months of 2016-17, on other projects.


One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story