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Wipro layoffs or exodus: 40 senior managers quit company
Wednesday, 6th April 2011
At least forty senior and middle-level managers at Wipro - the country's third-biggest tech firm undergoing a rejig under the new CEO, TK Kurien - have quit over the past few weeks, as the company attempts to create a leaner organisation focused on fewer strategic bets.

People familiar with these exits told ET that those leaving Wipro include at least half a dozen senior officials across business units, several general managers apart from few dozen junior managers. Having scrapped the joint CEO model, Wipro plans to do away with any redundancies that existed because of different teams reporting to the two CEOs. Moreover, closer alignment of business units with sales and delivery teams means several overlaps in managers involved with these functions.

"It was always coming - the good thing is that there are enough opportunities this year," said a person who quit Wipro a few weeks ago. He requested anonymity.

Publication : Economic Times
TAGS : wipro  layoffs  careers  hr  


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