Wipro Increases Staff by 15,446; Q1 Attrition Drops to 23.3 Percent!! Details here!!

Wipro Increases Staff by 15,446
Wipro Increases Staff by 15,446

Wipro Increases Staff by 15,446; Q1 Attrition Drops to 23.3 Percent!! Wipro staffs are Increases by 15,446 and the Q1 attrition decreased to 23.35%. Do you want to know the details here in this article we have given briefly manner. Compared to its competitors who have already released their Q1 results, Wipro has reported a greater rate of hiring. With a total headcount of 210,966 people worldwide, HCL Technologies reported on Tuesday, July 12, that it has employed a total of 6,089 fresher’s for the quarter ended June 2022. Additionally, the company reported a higher attrition rate (23.8%) than Wipro. During the quarter, HCL Tech reported a net addition of 11,100 personnel.

The largest IT services provider in India, Tata Consultancy Services, or TCS, added 14,136 new staff in total during the same quarter, which is less than Wipro.The number of employees as of June 30, 2022, was 258,574, according to a regulatory filing made by Wipro on that day.In the first quarter of the current fiscal year, the Bengaluru-based IT company increased the number of employees under the sales and support staff (IT Services) department, from 17,691 to 17,806 people.

Q1 results for Wipro IT giant it reported a net increase in headcount of 15,446 people in the three months ending June 30 compared to the three months prior on Wednesday, July 20. Compared to its competitors TCS and HCL Tech, who just made the data public during their Q1FY23 earnings, this is far more. When Wipro announced its Q1 financial results for FY23, it also disclosed that it hired up to 10,000 new employees during the period.

However, Wipro’s attrition rate was high in Q1FY23 at 23.3%, but it fell down from quarter to quarter. The preceding quarter, Q4FY22, saw an attrition rate of 23.8% for Wipro.

According to recent sources, Wipro has intended to grant promotions to its staff every three months in order to address the high turnover rates. The majority of Wipro’s staff will receive a wage increase of 10% in September, with the company’s top performers receiving raises of over 15%. According to reports, the Wipro wage increases will be effective up to mid-management levels. Follow our site for daily updates regarding this.

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