Wipro plans to reduce hundreds of mid-level positions to optimize efficiency and improve profit margin.

Indian IT services company Wipro plans to reduce hundreds of mid-level positions to improve profit margin, currently the lowest among the top four India-listed IT services firms. The reductions target mid-level executives and involve redistributing workload responsibilities, aiming to optimize efficiency through automation. The company did not confirm job cuts but acknowledged that aligning business and talent to changing market conditions is a critical part of its strategy.

January 31, 2024
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