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2 Reasons why Wipro is firing employees: AI usage & Profit
short by Mohul / on Wednesday, 31 January, 2024
Wipro seemingly plans optimizing employee costs to elevate margins after recent large deals flopped aiding growth enough. Mid-level and onsite executive layoffs are reportedly underway targeting around 300 staff amid its contentious 'Left-Shift' strategy. But Wipro asserts responsible restructuring is essential to improve customer experiences and address skill mismatches weighing competitiveness.
read more at Trak.in