Wednesday, April 26, 2017

‘Over 50% Wipro’s US Employees to Be Local American Nationals’

From the first quarter of this financial year, more than 50% of Wipro employees in the US will be locals, and going forward, it plans to focus more on localisation.

Wipro Chief Executive Officer Abidali Z Neemuchwala said, “There is lot of local talent, and our focus on localisation will continue in all key markets.”

For the quarter ended March 31, 2017, while Europe grew 6.4% q-o-q on a reported currency basis, America grew 1.4% q-o-q on a reported currency basis.

“We have been significantly investing in the US, in terms of increased hiring, setting up delivery centres and focusing our sustainability initiatives specifically in the area of education,” Neemuchwala said.

The Americas accounted for 54.7% of Wipro’s $7.7045 billion revenues in FY2016-17. 

While APAC and other emerging markets contributed 10.8%, Europe contributed 24.4%, and India and the Middle East contirbuted to 10.1% of the revenues. Wipro has enhanced its capability in the US by adding two more major multi-client delivery centres.

Agencies

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