Wipro lays off 600 employees after Performance Appraisal : Count expected to increase

TechnoparkToday.com>> The third largest IT company in India – Wipro has initiated employee layoff after the performance appraisal 2017. It is said that the company has decided to lay off 600 employees and the count might increase upto 2000 in the next few days.

Wipro said in a statement that it undertakes a rigorous performance appraisal process on a regular basis to align its workforce with business objectives, strategic priorities of the organisation and requirement of its clients.

“This systematic and comprehensive performance evaluation process triggers a series of actions such as mentoring, retraining and upskilling. The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year,” it added. (Source : TOI)

The company declined to provide the specific count of employees who loses the job. This incident is followed by the employee layoff initiated by Cognizant for more than 6000 jobs. Implementation of newer technologies including automation and artificial intelligence would be reasons behind the layoff.