Wipro 'sacks' hundreds of techies for non-performance

Image
IANS Bengaluru
Last Updated : Apr 20 2017 | 8:49 PM IST

Global software major Wipro "sacked" at least 600-700 employees in fiscal 2016-17, ostensibly for non-performance or not rising to its expectations, said a company source on Thursday.

"Attrition takes place every quarter when employees leave voluntarily for various reasons or involuntarily when asked to go for non-performance or not measuring up to the expectations during appraisal," a Wipro source told IANS on condition of anonymity.

The source, however, declined to specify the number of techies "sacked" in the fourth quarter (January-March) of the just-concluded fiscal (FY 2017), as the company was in "silent period" ahead of its results on April 25.

Asked how many employees left involuntarily in the quarter (Q4) or during the fiscal under review, a Wipro spokesperson said the company made a performance appraisal regularly to align its workforce with its business objectives, strategic priorities and requirements of its global clients.

"Our performance evaluation triggers actions such as mentoring, retraining and up-skilling. The appraisal also leads to the separation of some employees from the company and their numbers vary from year to year," the spokesperson said in a statement here later.

--IANS

fb/lok/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Apr 20 2017 | 8:38 PM IST

Next Story