Wipro has reduced the compensation provided to freshmen seeking to join by over 50%. This choice by Wipro is thought to be a reflection of the global microeconomic uncertainties.
Wipro subsequently got in touch with those candidates again and requested whether they would take an offer of Rs 3.5 lakh as yearly pay in place of the earlier Rs 6.5 lakh per annum (LPA) offer.
According to a statement from Wipro, there are only a few Project Engineer positions available right now with 3.5 Lakhs in yearly pay.