Wipro trims FY26 fresher hiring target to 8,000 from 10,000

Wipro

• Wipro cuts FY26 campus hiring target to 7,500-8,000 from earlier 10,000
• Q3FY26 net profit fell 4 percent QoQ, 7 percent YoY to Rs 3,119 crore
• AI-related deals boosted large-deal bookings by over 20 percent year-on-year

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Wipro has scaled back its fresher hiring plans for the current fiscal, saying it now expects to end FY26 with about 7,500-8,000 campus recruits, down from its earlier guidance of 10,000.

In the post-Q3FY26 earnings press conference for Wipro Q3FY26, Chief Human Resource Officer Saurabh Govil said the company has already hired over 5,000 freshers so far this fiscal (Q3FY26).

“Our recruitment from campuses was muted. Next quarter, again, we'll be looking at the campuses. Hiring was more project-based across the globe, and skill-based,” Govil added while addressing the post-earnings press conference.

The moderation in fresher hiring comes against a backdrop of a seasonally weak quarter in parts of the Americas business and soft healthcare vertical performance, where some earlier programs have concluded, and newer deals are still ramping up.

The management said they “need to win more” in those segments but remained confident of a pickup in the first half of the next fiscal, citing a strong large-deal pipeline that typically takes longer to ramp.

Also, read: Wipro's headcount increases by 6,529 employees in Q3FY26

The company said AI is not compressing pricing or deal bookings, instead, AI-related work is leading to more deals and decisions, with year-to-date large-deal bookings growing over 20 percent year-on-year, and some unnamed deals growing more than 50 percent.

The IT services major concluded fiscal year 2024-25 with a fresher addition of 10,000, on par with its full-year target of hiring 10,000-12,000 freshers.

For FY26, though Wipro had aimed to hire a similar number from campuses, the company said on April 16, 2025, that it will take a call after observing the ongoing business environment, which has been reeling under macroeconomic uncertainties.

Govil had then said, “We don't want a situation where we onboard people and we don't have channels of deployment. So we'll keep a very close look. But that's the plan that continuously keep growing and adding,” he added.

Also, read: Wipro takes Rs 263-crore hit for Europe, Capco restructuring

Wipro: Q3FY26 Performance

Meanwhile, Wipro reported a decline in profitability for the fiscal third quarter, with consolidated net profit falling both sequentially and on a year-on-year basis, even as the IT services major delivered modest revenue growth and announced an interim dividend.

The company posted a consolidated net profit of Rs 3,119 crore for the quarter ended December 31, 2025, down 4 percent quarter-on-quarter and 7 percent year-on-year. Earnings were impacted by cost pressures, including expenses linked to labour code-related adjustments, the company said in its press release. “Adjusted for impact of labour code changes, net income for the quarter was Rs 3,360 crore -- an increase of 3.6 percent QoQ and 0.3 percent YoY.

Wipro's revenue from the IT services business stood at Rs 23,378 crore during the quarter, slightly below Street expectations. On a sequential basis, IT services revenue rose 3.3 percent, reflecting steady execution amid a cautious demand environment. In constant currency terms, IT services revenue grew 1.4 percent quarter-on-quarter, while it declined 1.2 percent on-year.