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News » Wipro trims headcount, hires more locals

Wipro trims headcount, hires more locals

From employing 163,759 staff on 30 September 2017, Wipro has trimmed its headcount at the end of December to 162,553, joining a number of IT companies that are going slow on hiring due to the impact of automation. At Wipro, voluntary quarterly annualized attrition was 16.2% compared to 16.7% in Q2. However, Wipro said it has stepped out hiring in its overseas markets with 55% of its US workers being local, up from just 36% 20 months ago. Latin America, local employees account for 95% of the total workforce while in continental Europe the number is 66%.

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