recruitment in wipro
Wipro, the country’s fourth largest information technology (IT) company, expects to recruit 10,000 to 12,000 students in the next financial year 2025-26. Wipro announced its December quarter numbers on Friday. The company sought to downplay any concerns about changes to the H-1B visa regime in the US, saying a significant portion of its employees are local to the US. “We are hiring a large number of people who are local to the US and today a significant portion of our workforce in the US is local,” Wipro Chief Human Resources Officer Saurabh Govil said while announcing the company’s quarterly numbers.
2,500-3,000 freshers will be recruited every quarter.
“We have a good stock of H-1B visas, so we can transfer people as and when required. If the demand increases, the supply side will not be a hindrance for us,” Govil said. The number of employees of Wipro decreased by 1,157 in the third quarter of the current financial year (2024-25) from 2,32,732 in the October-December quarter of the financial year 2024-25, while in the July-September quarter it was 2. ₹33,889 and ₹2,39,655 in the December quarter of FY 2023-24, Govil said. Pending proposals have been accepted. The company will continue to induct 2,500-3,000 ‘freshers’ every quarter. This means 10,000-12,000 ‘freshers’ will be inducted every financial year.
stock decline
Shares of IT company Wipro closed with a decline on Friday, the last trading day of the week. The company’s shares closed at Rs 281.85, down 2.15 per cent or Rs 6.20 on the Bombay Stock Exchange. Its 52 week high is Rs 319 and 52 week low is Rs 208. The market cap of the company is Rs 2,95,092.34 crore.
(With inputs from PTI/Language)
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