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Wipro Infotech denies job cut reports

Wipro Infotech denies job cut reports
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Wipro is said to be contemplating laying off several hundred people in Wipro Infotech's business solutions division. This is because their work...

wipro-campus-recruitment-processWipro is said to be contemplating laying off several hundred people in Wipro Infotech's business solutions division. This is because their work overlaps with those in a similar practice area in Wipro Technologies, three people familiar with the development said. The layoffs are expected to happen in a staggered manner over the next few months. Wipro, when contacted , strongly refuted such a possibility, saying it "categorically denies these baseless rumours" . Wipro Infotech is streamlining operations to make it more agile. Its business solutions division employs about 1,850 people. "A combination of factors involving restructuring , growing bench (unutilized employees), and overlap in roles has triggered the layoff ," said one source.
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