Investors should watch out for Wipro’s revenue growth guidance for Q4, deal pipeline, and client spending patterns, said analysts
This is the first time in ten quarters that Wipro is seeing a net reduction in headcount since the first quarter of FY21, when the company's headcount reduced by 1,082 employees.
Backed by strong traction in revenue, margin gains and the management’s focus on building a client-focused organisation, Wipro is in line to provide decent performance in the medium term. Here's a detailed analysis of the third-quarter performance of the IT behemoth.
Wipro's Chief Human Resources Officer Saurabh Govil said the company is making big investments in Europe, US and Asia Pacific and on new technology areas, adding that supply-side constraints would not hold back the growth momentum.