Layoffs14mo
by TwirlyMuffinMarketing Manager
Wipro to lay off hundreds of mid-level employees.
Wipro is in the process of cutting hundreds of mid-level roles onsite as it attempts to improve its margin.
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TwirlyMuffin
Wipro to lay off hundreds of mid-level employees.
Wipro is in the process of cutting hundreds of mid-level roles onsite as it attempts to improve its margin. Folks what's the reason for layoffs across the world please share your insights.
14mo ago
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TwirlyWalrus
Razorpay14mo
To improve their margins
TwirlyMuffin
Freelancer14mo
what else?? all at the same time? why
TwirlyWalrus
Razorpay14mo
Market is not doing great. Funding is low. Layoffs are one way of adding to the balance sheet.
GroovyMochi
Razorpay14mo
To improve their margins
TwirlyMuffin
Freelancer14mo
yeah but apart from margin?
SwirlyTaco
PayTM14mo
To improve their margins
TwirlyMuffin
Freelancer14mo
apart from margin?
GroovyKoala
Eviden13mo
They are doing it to improve that bold red/blue line that there is on the left hand side of the page in our school notebooks 😅😅😅
QuirkyNarwhal
Accenture13mo
Increase profitability and return to shareholders by reducing liabilities
SnoozyPanda
Unilever13mo
The global Marco situation isn't great. Overall the global economy is shrinking. Everyone is trying to cut costs and demand isn't coming in a big way. It's all interconnected.
QuirkyMarshmallow
Walmart14mo
Isn't onsite salary in £ $ € paid by the client?
JazzyNarwhal
Stealth14mo
Lack of projects. It's a spiralling effect.
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Layoffs14mo
by SqueakyTacoSoftware Developer
Even Wipro is laying off
Wipro laying off hundreds of mid level position to fight margins.
Wipro to layoff hundreds of mid-level employees to improve profit margins.
Headcount in Indian IT companies continue to decline.
Layoffs14mo
by SparklyNuggetDevOps Engineer