Wipro restructures strategic business units, announces new operating model

Wipro NSE -0.52 % CEO Thierry Delaporte has restructured the IT services provider, tasking key executives with owning the P&L and delivery, and focusing on business outside of the United States, its main market.

“For long now, our growth has been largely dependent on the US market. It is important that we broad-base our growth,” Delaporte wrote in an email to employees. “The new model seeks to achieve just this. Besides ensuring adequate sector and domain focus in our go-to-market and execution, the new operating model will help drive growth in non-US markets.” ET has seen a copy of the email.