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'Will honour past offers before going to campuses': Wipro

  • The company pledges to honor all pending offer letters before resuming on-campus hiring for freshers.
  • Wipro has experienced a hiring slowdown, with a net reduction of 5,051 employees in the second quarter of FY24.
  • The attrition rate decreased from 17.3% in the previous quarter to 15.5% in Q2.
  • The company reported a slight drop in revenue for Q2FY24, with gross revenue at Rs 225.2 billion ($2.7 billion), and a 2.3% decline in IT services segment revenue.

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