Wipro to Expel 1 lakh Employees
Leading MNC Wipro is making grounds ready to offer pink slips to employees on large scale. About 1 lakh employees are expected to be expelled from the IT company during next 3 years. Wipro is shifting its automation focus from service desk to application services, which will result in cut-down in the number of employees to 30%, announced the company’s CEO TK Kurien. The headcount that was 1, 58, 217 by 31st march, 2015 will drop down to 47, 000 within a span of 3 years. Employees of Wipro on the other hand are cringed upon the announcement.