Wipro rejigs structure, operating model under new CEO to broad base growth

The company to have four strategic market units and two business lines

IT services company Wipro, which had appointed a new CEO & MD to helm the company, has announced a new structure and a new operating model to support the firm in the next phase of its journey. The changes will be effective January, the Bengaluru-based firm said in an exchange filing.
 

Under the new model, the IT services firm will replace the current structure of its various strategic business units (SBUs), service lines and geographies with four strategic market units (SMUs) and two global business lines (GBLs). The four SMUs will be Americas 1, Americas 2, Europe and Asia Pacific