Wipro Will Not Pay Variable To Employees Who Fail To Pull Off Targets; Reports

Wipro stated that its consolidated net profit for the first quarter ended June 2022 fell by around 21% year over year to Rs 2,563.6 crore. Wipro has deferred variable compensation for workers mostly because of margin pressure, inefficiencies in its personnel supply chain, and investment in technology.

from Mashable India tech https://ift.tt/QoyOtKG

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