SME Times is powered by   
Search News
Just in:   • India, Thailand discuss strengthening strategic partnership  • Delhi govt’s EV push to catalyse investment, boost manufacturing, create green jobs: PHDCCI  • India's water sector offers Rs 20 lakh crore investment opportunity  • India's GCC ecosystem can power the next wave of innovation-led growth: NITI Aayog  • Govt holds third preparatory meeting for BRICS Women Track 
Last updated: 18 Mar, 2023  

wipro.THMB1.jpg Wipro lays off 120 employees in US due to 'realignment of business needs'

Wipro.Resize.jpg
   Top Stories
» Govt holds third preparatory meeting for BRICS Women Track
» Govt introduces 'Improvement Notice' mechanism to boost ease of doing business
» India-US relationship stronger than ever: Trump team charts ambitious agenda
» Piyush Goyal, global CEOs discuss investment opportunities under India-UK CETA
» How EU-India FTA goes beyond tariffs to strategic trust
IANS | 18 Mar, 2023
IT major Wipro has laid off at least 120 employees in the state of Florida, the US, due to a "realignment of business needs".

The company detailed the layoffs in a Worker Adjustment and Retraining Notification (WARN) notice filed with the Florida Department of Economic Opportunity, reports Channel Futures.

The job cuts by Wipro are at only one location in Tampa.

"More than 100 of the impacted employees are processing agents. The rest are team leaders and a team manager," the report mentioned.

In a statement, Wipro said this is an isolated incident.

"Wipro remains deeply committed to the region. And all other Wipro employees serving clients in the Tampa area remain unaffected," the company told the publication.

The layoffs, which are permanent, will start in May, according to the report.

The Indian IT major announced the opening of its Americas headquarters in East Brunswick, New Jersey, earlier this month.

Wipro has about 20,500 employees located across the United States, Canada and LATAM (Mexico and Brazil).

In India, Wipro in January laid off more than 400 fresher employees for poor performance in internal assessment tests.

At a time when the job market is hit by rising layoffs, Wipro has also written to fresh recruits who have been offered Rs 6.5 lakh per annum, asking if they would be able to work for Rs 3.5 lakh per annum.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter