Wipro cuts salary offers of freshers by almost 50%; Union calls it 'unjust'

Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 percent under one program has been termed "unjust" and "unacceptable" by the employees union NITES, which demanded that the IT company should reconsider its decision. Wipro's decision reflects the global macroeconomic uncertainties and the challenges in the demand environment for tech companies, say market watchers.

The Bengaluru-headquartered IT services major, Wipro, recently reached out to candidates to whom it had earlier rolled out an offer of ₹ 6.5 lakh per annum (LPA) and asked them if an offer of ₹ 3.5 in annual compensation would be acceptable to them, instead. These candidates were reportedly waiting to be onboarded.

IT sector employees union NITES has slammed the move, saying the decision is "unjust" and "goes against the principles of fairness and transparency". NITES has demanded that the management reconsiders its decision and engages in meaningful dialogue with the union to find a mutually beneficial solution.

Wipro said it is committed to the growth and success of all its employees and looks forward to welcoming this new group of recent graduates. Meanwhile, the IT sector employees union NITES (Nascent Information Technology Employees Senate) said it strongly condemns Wipro's "unethical" move to reduce the salaries of employees awaiting joining from a package of 6.5 lakh per annum to 3.5 lakh per annum.