This potential move could lead to a substantial decrease in the intake of junior investment-banking analysts, with estimates indicating cuts of up to two-thirds. Moreover, the salaries of hired analysts may be affected
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The reductions will span across various divisions, including design, data engineering, cloud and software, as per reports
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With over 40+ Years of extensive experience in the IT/ITES and GCC eco-system, KS Viswanathan brings a wealth of knowledge and insights to Peoplefy's advisory board
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The job reductions will primarily affect entry-level staff engaged in data analytics and digital operations across both the United States and India
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Delaporte's departure follows quarters of underperformance for Wipro, marked by a series of top-level exits, despite his efforts to bolster leadership
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Prioritising cost-effectiveness, speed and agility to enhance performance and profitability, MD & CEO, Punit Goenka initiates a more cost-effective operational model
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The company's decision to terminate both projects earlier this year has led to workforce reductions, with the affected employees primarily based in California
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The company attributed these challenges to ongoing litigation with foreign investors, causing immense stress across the organisation
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