For Quick Alerts
For Daily Alerts

Non-performance Weighs Heavily On Wipro Employees


Several hundred employees of India's third largest IT major were sacked after a rigorous annual performance-appraisal. The company made no comment on the number of employees that have been asked to leave the organization.

Non-performance Weighs Heavily On Wipro Employees
As quoted in the PTI report, Wipro said it exercises an annual performance appraisal process with an aim to align its employees with the company's objectives, strategic priorities as well as client requirements. The company also said "The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year".

The Indian IT industry already suffering a slowdown and increasing visa cost in the wake of immigration curbs in the US as well as a need for automation forces this rigorous exercise. And IT experts are said to report that the process shall follow in other IT companies as well.

The company is slated to come out with its fourth quarter as well as consolidated numbers on 25 April. Check stock quote here

Read more about: wipro
Story first published: Friday, April 21, 2017, 12:47 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more