10 Sep 2008

WIPRO says goodbye to over 1000 employees

Indian IT giant WIPRO sacked over 1000 employees - one of the leading newspaper reported here -

'Wipro gives pink slip to 1,000'- Software & Services-News-Indiatimes - Infotech


...and obviously others are going to follow the trend. What do you think guys? The circle is now full - IT services bubble bursting? huh?
kedarjk

kedarjk

Branch Unspecified
10 years ago
In IT industry life is becoming tougher day by day. Just another proof of it 😔.
Ashraf HZ

Ashraf HZ

Communications
10 years ago
I think its a global trend. Even Microsoft plans to shut down Ensemble Studios, the developer who made games like Age of Empires.
10 years ago
😔 😔 😔

Entrepreneurs! Spring into action! You're about to get skilled employees who will work for peanuts!
Differential

Differential

Branch Unspecified
10 years ago
This reminds me of rule of nature.........."Something that rises fast, collapses fast".....Let's hope for best !
10 years ago
Ha! It had to happen. You can't survive long enough by being cheap.
Ashraf HZ

Ashraf HZ

Communications
10 years ago
Wait, this is because of appraisal or an IT downturn?
kedarjk

kedarjk

Branch Unspecified
10 years ago
I just read the complete article. The number 1000 is not real, it is more than 1000 I guess. They never reveal the true figures.
10 years ago
Yep, over 1000 it is.

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