Latest News | Will Clear All Backlogs of Recruitment Offers by Year End: Wipro's Chief HR Officer
Get latest articles and stories on Latest News at LatestLY. IT major Wipro will clear all backlogs of recruitment offers by the end of this calender year, the company's Chief Human Resources Officer Saurabh Govil said on Thursday.
New Delhi, Oct 17 (PTI) IT major Wipro will clear all backlogs of recruitment offers by the end of this calender year, the company's Chief Human Resources Officer Saurabh Govil said on Thursday.
The comment comes amid growing concerns around IT firms delaying onboarding of new recruits for as long as 6 months to 2 years.
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"By the end of current quarter, Q3, we will make sure there is no backlog of any of the offers made. It will all be taken care of," Govil said during the company's Q2 earnings presser.
Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore in the second quarter of FY25.
It had reported a profit of Rs 2,646.3 crore in the year-ago period.
The revenue from operations during the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.
"From this fiscal, Q1 onwards, we are onboarding freshers. We have done it in Q1 and Q2, and every quarter, between 2,500-3,000 freshers will be onboarded," Govil further said.
The company's current employee count stands at 2,33,889.
The Wipro scrip settled at Rs 528.80 apiece on the BSE on Thursday, 0.65 per cent lower than the previous close.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)