Thursday, March 30, 2023

Pay controversy at Wipro: opinions from experts

According to Moneycontrol, IT giant Wipro recently asked its campus recruits to accept a lower pay package. According to the company, “the changing macro environment and business needs” necessitated a “adjustment in onboarding plans.” According to Business Standard, experts in the field are concerned that graduates with degrees in technology may have a harder time finding work due to the delay in onboarding. Former Infosys CFO Mohandas Pai deemed it “ethically and morally wrong,” and Careernet Co-founder and CEO Anshuman Das predicted that the lack of campus visits for the Class of 2023 would only make matters worse in the coming months. According to Kamal Karanth, Co-Founder of Xpheno, in 2023, campus recruitment will slow down and the demand for specialised, skilled talent with four to ten years of experience will remain high.

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