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Posted at: Apr 21, 2017, 2:13 AM; last updated: Apr 21, 2017, 1:35 PM (IST)

Wipro sacks 600, more may go

Hard times

  • The country’s third largest software services firm has sacked hundreds of staffers post performance appraisal
  • Wipro claims it undertakes a rigorous performance appraisal process on a regular basis
  • This comes close on the heels of Indian IT firms facing uncertainty following visa curbs by the US, Australia and New Zealand
Wipro sacks 600, more may go

New Delhi, April 20

Wipro, the country's third largest software services firm, has sacked hundreds of employees following its annual “performance appraisal”.

Sources said Wipro had shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000. In December last, the Bengaluru-based company had over 1.79 lakh employees.

Wipro said it “undertakes a rigorous performance appraisal process” on a regular basis to align its workforce with business objectives, strategic priorities of the company and client requirements.

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“The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year,” it added. The company, however, did not comment on the number of employees who have been asked to leave.

Wipro said its comprehensive performance evaluation process included mentoring, retraining and upskilling of employees. The company is scheduled to report its fourth quarter and full-year numbers on April 25.

The development comes at a time when Indian IT companies have been facing an uncertain environment given the curbs being proposed on worker visa norms by various countries such as the US, Singapore, Australia and New Zealand. These companies use temporary work visas to send employees to work on client sites. With visa programmes in these countries becoming more rigorous, Indian IT companies are likely to face challenges in movement of labour as well as a spike in operational costs. — PTI


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