Tag: Wipro

Wipro chairman has opted to reduce his pay by 50%

Rishad Premji, chairman, Wipro, one of the leading IT companies, has made a significant decision to voluntarily slash his remuneration by nearly 50 percent...

After salary hike, Wipro allots company shares to employees

On Wednesday, 17 May, information and technology (IT) firm Wipro announced the allotment of approximately 3,98,733 shares to its eligible employees as stock options,...

Wipro’s voluntary attrition rate falls; head count dips by 1,823 in...

As per Wipro’s financial results for Q4, the company witnessed a dip in employee count in the January to March quarter of 2023. The...

Wipro cuts more jobs in Florida

In recent months, several tech companies, including Amazon, Meta, Google, Microsoft, and Wipro, have announced layoffs, causing stress for many employees. Wipro, in particular, has...

Wipro slashes salary offer of freshers by 50%

While Wipro is looking forward to onboarding the freshers it had selected, the latter themselves are feeling rather dejected and disappointed with their salary...

The Great HR Debate: Metaverse & its implications for HR

Technology has come a long way in the last few years. Since the start of the pandemic, one of the key focuses of the...

Why Indian conglomerates may be the safest bet for next-gen employees

Mass layoffs have been at the forefront of most news networks today. Companies of all shapes and sizes have been letting go of their...

Infosys terminates hundreds of freshers

Indian IT giant, Infosys, has reportedly terminated hundreds of freshers in recent months after they failed an internal fresher assessment (FA) test, according to...

NITES seeks Labour Ministry’s intervention in Wipro freshers’ layoff

The Nascent Information Technology Employees Senate (NITES)has taken up the cause of the 452 freshers laid off by Wipro. These freshers were told by...

Wipro fires freshers who scored low in internal test

About 452 freshers at Wipro were told that they had to leave because they did not score well in the internal assessment. These freshers had...

Wipro issues restricted stock units to reward certain employees

Wipro, a major IT company in India, has distributed 1,27,616 restricted stock units to certain employees under the company's 2004 Restricted Stock Unit Plan....

Wipro to set up European Works Council

Indian technology services company Wipro has reached an agreement with employee representatives to set up a European Works Council (EWC). Wipro will be the first...

Wipro asks staff to work from office at least thrice a...

After Tata Consultancy Services (TCS), which has asked 85 per cent of its employees to work from office at least three days in a...

96% Wipro staff to get hike from 1 Sept

Despite economic pressures in the last quarter, Wipro is giving annual salary increments to 96 per cent of its staff, with effect from September...

300 found moonlighting at Wipro, fired

Wipro has made it clear that it will not tolerate moonlighters in the organisation, by firing 300 employees who were found to be 'moonlighting',...

Rs 140 Cr. will be the annual salary of Starbucks CEO

Laxman Narasimhan, who moved from Reckitt Benckiser to Starbucks as the chief executive officer (CEO), will reportedly earn a salary of Rs 140 crore...

The industry is divided on the idea of ‘moonlighting’

‘Moonlighting’ in the tech industry has been a hot topic of debate. However, the debate has gathered steam after the tweet of Rishad Premji,...

Variable pay of Wipro’s managers, C-suite not released

Pressure on margins and supply-chain challenges are amongst the reasons why Wipro has decided to hold back variable pay of its employees. It is reported...

Women form 36.1% of Wipro’s workforce, 22.2% of board of directors

That Wipro is serious about its mission to make the organisation diverse and inclusive in every sense of the word is clear from the...

Abhijit Bhaduri to be part of talent, learning & insights team,...

Abhijit Bhaduri, who was once chief learning officer at Wipro from 2009 to 2016, has joined Microsoft’s talent, learning and insights team, at the...

Wipro adds more than 15,000 employees in Q1 FY 22-23

The results for the first quarter of financial year (FY) 2022-23 are out, and looks like Wipro has added more than 15,000 employees in...

Wipro announces 10% increment, to grant promotions every quarter

In an attempt to control attrition, Wipro, the Indian multinational software company has announced that most of its employees will receive a 10 per...

Wipro is expanding in Norway

As part of its expansion plan, Wipro is set to enhance its team in Norway, which is emerging as one of the most successful...

NITES files complaint, Infosys defends non-compete clause

A non-compete clause imposed on employees of Infosys has grabbed headlines recently. This clause prevents Infosys staff from working for any of its competitors...

100% placements at IIM Kozhikode

The Indian Institute of Management Kozhikode (IIM-K) reported 100 per cent placements at the final placements week, and that too just three days into...

2 out of 3 Indian companies want a phased roll-out of...

The industry seems to be receptive to the four new labour codes that the Government is planning to implement in the near future, according...

Latest

Go First tempts pilots; offers Rs 1 lakh extra per month to retain them

Go First (formerly Go Air), which is undergoing a financial crisis, intends to increase salaries for pilots by Rs 1 lakh per month, in...

Tech sector in Australia adds 70,000 jobs despite layoffs

Despite notable job cuts, Australia's technology industry experienced an 8 per cent growth in the previous year. The industry, notably, has managed to create...

Mensa Brands implements workforce reduction amidst business slowdown

Mensa Brands, the roll-up e-commerce company founded by former Myntra CEO Ananth Narayanan, has recently terminated over 200 employees across various divisions, with India...

Odisha govt raises ex gratia payment for deceased govt employees on duty

In a move aimed at providing increased support to the families of government employees who tragically lose their lives while performing their duties, Naveen...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....