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Wipro to lay off hundreds of mid-level employees: Report
short by Pragya Swastik / on Wednesday, 31 January, 2024
IT major Wipro is in the process of cutting hundreds of mid-level roles onsite as it attempts to improve its margins, ET Prime reported. The intimations to affected employees started being sent earlier this month, the report added. Wipro has the lowest margins amongst the four largest India-listed IT services companies and its December quarter margin came in at 16%.
read more at CNBC-TV18