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Wipro’s onboarding plans come after a period of subdued hiring and major layoffs in the IT sector and could potentially signal a turnaround in the industry with a recovery in demand and discretionary spending.
For the current financial year, Wipro said that it had aimed to hire about 10,000 freshers.
Around 7,000 have already been onboarded in the October-December (Q3) quarter and another 2,500-3,000 are expected to join in the last quarter of FY25.
Govil, during the press conference on Friday evening, emphasised a cautious yet consistent hiring approach to avoid overcommitting.
This comes as the company reassesses its hiring models to improve employee utilisation and grow margins amid declining attrition rates.
When asked about the company’s revoking offers for 2022 graduates, the firm cited a time gap between extending offers and onboarding.
To maintain quality, Wipro introduced reassessment processes and provided skilling opportunities to ensure candidates remain industry-ready.
Wipro also announced the incorporation of Artificial Intelligence (AI) in its fresher-level hiring, a shift in its recruitment strategy.