Hundreds of new hires have been fired from Wipro, one of India’s top five IT firms, due to poor performance.
The company said, “At Wipro, we take pride in holding ourselves to the highest standards,” the company claimed. We require all entry-level employees to possess a certain level of competence in their assigned field of work in accordance with the standards we strive to set for ourselves. Assessments are a part of the evaluation process in order to match employees with the organization’s and our clients’ business objectives. The results of this systematic and thorough performance evaluation process result in a number of actions, including mentoring, retraining, and occasionally the termination of specific employees from the company.
Sources claim that 452 new hires were terminated following the test, but the company says that the actual number is lower. The number of new hires who were asked to leave the company after failing the test was kept a secret by Wipro.
Sources accessed the termination letter sent by the company to the terminated employees. The letter noted that employees were liable to pay Rs 75,000 that the company spent on training them, but the company waived it off.
“We wish to inform you that training cost of Rs.75,000/- which you are liable to pay, will be waived off,” the termination letter noted.
A recent hire who was terminated by Wipro for subpar performance stated, “I had received an offer letter in January 2022, but they on boarded me after months of delay. And now they’re firing me with the test as the justification?
This is just a convenient justification for them to fire people, a terminated fresher employee claimed.
Wipro’s third quarter FY23 results were released earlier this month. In comparison to the same quarter last year, the company reported a net profit increase of 2.8% year over year (YoY) to Rs 3,052.90 crore. The IT major predicted that IT Services revenues would increase by 11.5–20% in constant currency terms (CC). This resulted in a guidance range of negative 0.6% to positive 1% sequential revenue growth in constant currency terms for the March quarter. The guidance was lower than the 0% to 2% forecasted by analysts prior to the quarterly earnings.
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