Key Points
The company, in February, had announced that it will be slashing freshers' job offers by 50 per cent owing to current market conditions...
The last couple of months have been quite stressful for techies as companies like Amazon, Meta, Google, Microsoft, Wipro and others announced large-scale layoffs..
Wipro lays off 120 employees. The IANS report, originally attributed to Channel Futures, states that the company mentioned the layoffs in a Worker Adjustment and Retraining Notification (WARN) notice filed with the Florida Department of Economic Opportunity..
A Business Standard report had also added that the company was not forcing the freshers to accept these offers and had given them some time to decide if they wanted to hop on board with the lower compensation offer...
If you choose to accept this offer, all previous offers will stand void, the company had said in an email sent to freshers that was obtained by Business Standard...
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30, Apr, 23Wipro's Chief Financial Officer, Jatin Dalal said that 92 percent of freshers decided to join the company at the low salary offer in order to fast-track the onboarding process. Wipro had announced slashing freshers' pay by 50 percent in February.
In 'isolated incident’, Wipro lays off 120 employees in Tampa, US
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