Wipro hired 7,000 in the last Q1, It will continue to hire in Q2

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Wipro announces opening of Innovation Centre in London
Wipro will invest £16million over the next four years in the 20,000 sq. ft. Innovation Centre which will serve as Wipro’s flagship centre in the United Kingdom and offer technology expertise to companies in the UK and globally.

After last quarter’s massive dip, Wipro adds 7,000 employees with plans to continue hiring in the coming Quarters

IT major Wipro has hired 7,000 people globally in Q1, between April -June 2020. the company will keep hiring continue in coming quarters as well depending on demand, said Saurabh Govil, Chief Human Resources Officer at Wipro Limited.

Speaking to media during the first-quarter earnings call, Govil, said, “Lateral hiring never stopped. Growth is the agenda and we will continue to hire in Q2 and onwards depending on the need basis.”

Govil said, “the company has started on-boarding freshers with earlier offers in a phased manner. It would be staggered and delayed based on business requirements, started right from July to September till December.”

According to reports, the company had hired 12,000 freshers last fiscal and was planning to hire similar numbers in FY21. While Govil said lateral hiring will continue, he did not disclose any numbers for campus hiring.

Aftermarket hours on Tuesday, the company had reported a net profit of Rs 2,390.20 crore for the quarter ended June 30.  Bengaluru-based IT major reported a better-than-expected net profit in the April-June period.

On Monday, 13 July, while addressing the 74th annual general meeting (AGM) IT major, Wipro Chairman Rishad Premji said, “So far, we have not laid off any employee and has no plans to retrench employees due to the Covid-19 pandemic impact on business.”

Wipro’s new CEO Thierry Delaporte said the IT services major will focus on both growth and profitability ‘as there was no choice.’

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