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Wipro cuts down salary offers to freshers amid delay in onboarding
#Wipro is rolling out 87 percent of the variable pay for Q3. IT major Wipro has written to candidates it previously made an offer of Rs 6.5 lakh per annum (LPA), asking if they would be willing to take up the offer at Rs 3.5 LPA. An email sent to candidates accessed by Moneycontrol, thanks students for completing the Velocity programme, and says the company continues to assess the situation. If a student accepts this offer, they will be onboarded from March onwards, and all previous offers will be void. However, we cannot commit to a date of joining as our hiring plans are being determined based on prevailing economic environment and evolving customer needs,” the email from the company said. Very clearly, when we went to the campuses and made offers in the middle of last year, that time the industry was much more bullish, the demand environment was much more bullish. Source - Money Control
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