Wipro's 'Performance Appraisal' Results in Sacking of 600 Employees
Friday, April 21, 2017 IST
New Delhi: Third largest software services firm Wipro has despoiled much staff following its annual "performance appraisal".
According to sources, Wipro has shown the door to concerning 600 staff, whereas speculation was rife that the amount may go as high as a pair of2,000.
At the end of December 2016, the Bengaluru-based company had over 1.79 lakh staff.
The performance appraisal may additionally cause the separation of some staff from the corporate and these numbers vary from year to year," it added.
The company, however, failed to inquire into the amount of staff United Nations agency are asked to depart.
Wipro aforementioned its comprehensive performance analysis method includes mentoring, retraining and upskilling of staff. the corporate is regular to report its fourth quarter and full-year numbers on April 25
The development comes at a time once Indian IT corporations face associated unsure atmosphere given the kerbs being projected on employee visa norms by numerous countries just like the America, Singapore, Australia and New Seeland.
These corporations use temporary work visas to send staff to figure on consumer sites.
With visa programmes in these countries turning into a lot of rigorous, Indian IT corporations area unit probably to face challenges in the movement of labour still as a spike in operational prices.
Indian IT companies get over 60 percent of their revenues from the North American market, about 20 percent from Europe and the remaining from other economies.
Besides, higher adoption of technologies like automation and artificial intelligence is also reducing the need to have a large number of employees at a client site.
Related Topics
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 64K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 10K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 9K views . 7 min read
True – Tr...
Recently posted . 8K views . 83 min read
More in National
Indian Railways, in a bid to provide a better travel experience to its unreserved passengers, is looking to manufacture over 1,000 LHB-platform Deen Dayalu coaches ...
Recently posted. 853 views . 1 min read
World-class private trains on Indian Railways network soon! Piyush Goyal-led Indian Railways is working on plans to allow private operators to run trains on its net...
Recently posted. 852 views . 1 min read
"I request all criminals with folded hands not to indulge in any crime at least for the next 10 to 15 days," Sushil Kumar Modi said.
&nbs...
Recently posted. 795 views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 3K views . 34 min read
Recently posted . 3K views . 31 min read
The video has now made it to YouTube and can be searched as “Sikh man waking up Muslims for Sehri”. The original video, it appears, was posted on the ...
Recently posted. 788 views . 1 min read
A quaint town of Sikkim is set to introduce bamboo water bottles for tourists in a bid to completely stop the use of plastic water bottles and littering.
Recently posted. 550 views . 1 min read