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

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

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Wipro

Ayan Pramanik  |  Bengaluru 

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 ...

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First Published: Fri, April 21 2017. 04:26 IST
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