Wipro reducing mid-level staff to reduce flab

Excess staff at the middle level of its organisation and slow growth have prompted Wipro to start downsizing its mid-level staff. Analysts believe this will help the firm improve its margins, even as the process will see hundreds losing their jobs.

Wipro, the country’s fourth largest IT firm, this week said aligning its business and talent to the changing market environment is a critical part of its strategy to build a resilient organisation.

About 43.2% of Wipro’s employees are in the 30-50 age group. In contrast, Infosys has about 38% of employees in the same bracket.