Wipro will lay off at least 120 employees in the state of Florida, the US, due to a “realignment of business needs”. describing it as an isolated incident.
Not the first time
Here in India, it had laid off 452 fresher employees, citing poor performance in internal assessment tests in January.
The latest one will be permanent and will start in May.
Official statement
“From every entry level employee it is expected to have a certain level of proficiency in their designated area of work.
The evaluation process includes to align employees with the requirements of clients and the business objectives of the organisation.
This evaluation process, systematic and comprehensive, is followed by a series of actions such as mentoring, retraining and separation of employees from the company,” the company clarified on the layoffs.
Area affected
It detailed the layoffs in a Worker Adjustment and Retraining Notification (WARN) notice filed with the Florida Department of Economic Opportunity.
The layoffs will take place at only one location in Tampa, Florida.
Channel Futures reports, “More than 100 of the impacted employees are processing agents. The rest are team leaders and a team manager.”
“Wipro remains deeply committed to the region.
And all other Wipro employees serving clients in the Tampa area remain unaffected,” the company said.
Slashing freshers’ salaries
Just as layoffs have become an industry-wide trend, Wipro has also asked fresh recruits who were initially offered Rs 6.5 lakh per annum if they could settle for Rs 3.5 lakh per annum instead.
Wipro wrote to tech graduates it had hired for the Turbo programme with salary offers of ₹6.5 lakh per annum that they would instead be placed in the Elite programme, which offers ₹3.5 lakh.
Global presence
It has a headcount of about 20,500 employees located across the United States, Canada and LATAM (Mexico and Brazil).
The Americas region makes up nearly 60% of Wipro’s global revenues.
Globally, the company has over 250,000 employees and business partners across 66 countries.