Wipro to hire 8000 professionals by FY25 end; targets growth with industry-aligned ML solutions.
Wipro recently started the process of recruitment again across the $254 billion software services industry after two years of slow recruiting of employees for their company.
Wipro has set up its internal team to prepare for market growth that is likely to happen in 2025. During the interview, CHRO Saurabh Govil said that the company is experiencing stability, and CEO Srinivas Pallia has been accorded more credit for this.
Pallia is now selecting leaders, unlike several seniors who left during the previous CEO's term intending to build sustainable, tenured Wipro. This company ensures it has a stable leadership team by both offering internal promotions to its employees and hiring new talent. The priority of this strategy is to guarantee continuity with less deviation from today’s structures and planning.
Currently, Wipro’s annual income is slightly more than $10 billion, for it is a leader in the sphere of IT services. Currently, the company is concentrating on large-figure deals, dealings with key clients and partners, and enhancing solutions tailored to industries with machine learning aspects. Also, Wipro is creating a talent pool to implement these solutions and has already started practicing operating model simplification to improve execution effectiveness.
Wipro recently started the process of recruitment again across the $254 billion software services industry after two years of slow recruiting of employees for their company.
Wipro expects to hire approximately 8000 qualified persons by the end of December in the first nine months of FY25 while dealing with all pending RT confirmations. Employers in technology companies had formerly chosen fresh graduates, but their joining was postponed due to weak market environments. It has also changed its area of recruitment for the engineering institutions. The previous approach of "hire and then train" has been modified.
"Now we have changed it to train and then hire. We are working with a lot of our partners, like Microsoft, Google, and AWS (Amazon Web Services). We choose people, we train them, we assess them, and then we onboard them so they're deployable much faster," Govil said.
Under its scheme of collaboration with some of the premier educational institutions, Wipro was in the process of creating translating relationships with IIT-Delhi, IISc-Bangalore, and selected universities in 10 more cities, out of which a few are Chandigarh, Noida, and Coimbatore. These partnerships are for the provision of academies, curriculum differentiation for job market relevance, and producing competitively employable graduates.
Following Thierry Delaporte's departure, Pallia assumed the role of CEO and managing director in April. Wipro has seen approximately twelve senior executive departures over the past year.
According to economic times, Govil emphasized their priority to ensure adequate supply-side capacity to meet anticipated demand as market conditions improve.
He acknowledged potential challenges ahead, including increased attrition and higher wage costs affecting profit margins, whilst maintaining that margin concerns would resolve with renewed growth.
Wipro Offering Free M.Tech Degree For BCA, B.Sc & Graduate Students, Apply Now Apply By 30 August
Calling all aspiring tech professionals! A groundbreaking opportunity awaits you with Wipro’s Work Integrated Learning Program (WILP). This program offers a free M.Tech degree combined with paid work experience at Wipro, a leading multinational IT giant. This unique initiative allows you to gain valuable industry expertise while pursuing higher education, giving you a head start in your career.
Table of Contents
About the Wipro
Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. It is one of the leading Indian Big Tech companies. Wipro’s capabilities range across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technologies, servicing customers in 167 countries.
In the 1980s, recognizing opportunities in computer hardware and software, the company established subsidiaries Wipro Infotech and Wipro Systems. In 1981, Wipro developed the first Indian minicomputer based on the Intel 8086 chip in an IISc lab. The software division began in 1984 by developing a spreadsheet and word-processing suite, but turned to offshore software development in 1990.
By mid-1990s, Wipro had become one of India’s leading manufacturers of personal computers, peripherals and medical diagnostic equipment. In 1998, the company reported being the second-largest software exporter from India, and gradually increased its focus on the higher-margin software services business which accounted for the vast majority of its profits.
Amidst the dot-com boom in early 2000, Wipro became the most-valued company in India, with a peak market capitalization three times that of the next largest listed company, Infosys. As a result, Azim Premji’s net worth rose substantially, making him the richest Indian for five consecutive years.
In 2004, Wipro became the second listed Indian IT company to earn US$1 billion in annual revenue.
About the Free M.Tech Degree
Work Integrated Learning Program is a unique learning-integrated program that offers BCA and B.Sc students a chance to build a remarkable career at Wipro while pursuing their higher education in M.Tech from a premier educational institution in India, sponsored by Wipro.
Why Choose Wipro’s Free M.Tech Degree Program?
Here’s what makes Wipro‘s WILP program stand out:
Free M.Tech Degree: Wipro sponsors your M.Tech degree from a prestigious university, eliminating the financial burden.
Work While You Learn: Gain practical experience through real-world work projects alongside your academic pursuits.
Stipend and Benefits: Receive a competitive monthly stipend and access to employee benefits during your internship period.
Career Growth Opportunities: Wipro provides career guidance and potential job placement upon successful completion of the program.
Network and Build Relationships: Connect with experienced professionals and build valuable industry connections.