TwirlyMuffin
TwirlyMuffin
Student

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.

10mo ago
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BouncyCoconut
BouncyCoconut

I am no expert but it could be to improve their margins.

FuzzyQuokka
FuzzyQuokka
PayU10mo

🤣

TwirlyWalrus
TwirlyWalrus

To improve their margins

TwirlyMuffin
TwirlyMuffin
Student10mo

what else?? all at the same time? why

TwirlyWalrus
TwirlyWalrus

Market is not doing great. Funding is low. Layoffs are one way of adding to the balance sheet.

GroovyMochi
GroovyMochi

To improve their margins

TwirlyMuffin
TwirlyMuffin
Student10mo

yeah but apart from margin?

SwirlyTaco
SwirlyTaco
PayTM10mo

To improve their margins

TwirlyMuffin
TwirlyMuffin
Student10mo

apart from margin?

GroovyKoala
GroovyKoala
Eviden10mo

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 😅😅😅

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