Wipro Q2 Headcount Falls By 6,716, Biggest Decline In 12 Quarters
· Business · Moneycontrol
IT services major Wipro reported a headcount reduction of 6,716 employees during the second quarter of the financial year. This marks the steepest quarterly decline in staff strength recorded by the company over the past 12 quarters. The contraction reflects ongoing workforce adjustments within the technology sector as firms navigate shifting demand patterns. The report does not specify the exact operational divisions or geographies most affected by the reductions.
Why it matters
The sharp headcount drop highlights ongoing cost rationalisation and cautious hiring trends across India's major IT services providers.
Read the original report — Moneycontrol
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