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Omicron impact | Wipro to close all offices globally for next 4 weeks

Jan 12, 2022 / 04:50 PM IST

Wipro had started getting senior executives back to the office in September. In October, the company said that it would accelerate the initiative from January 2022 but the spread of Omicron has forced a change of plan

Bengaluru-based IT major Wipro will close its offices globally for the next four weeks following a surge in the COVID-19 cases across the world, the company said on January 12.

The company would re-calibrate return to office initiatives in light of the evolving situation, CEO Thierry Delaporte said during the earnings call.

The company reported a net profit of Rs 2,970 crore in the December quarter of the FY22, up from Rs 2,931 crore reported in the previous quarter but year-on-year, the net profit was flat. The company had reported a profit of Rs 2,968 crore in the year-ago period.

The revenue in Q3 FY22 came in at Rs 20,432.3 crore, which is higher than Rs 19,667 crore reported in the previous quarter. The numbers also mark a 30 percent year-on-year growth, as Wipro had reported a revenue of Rs 15,670 crore in the corresponding period last year.

This change of plan comes right after the company started taking steps towards getting employees back to the office but as daily infections continue to soar in India and elsewhere, the IT major decided to close offices.

Wipro would accelerate the initiative to get more people to the office from January 2022 as the vaccination gains pace, a top executive had said during the October earnings call.