Senior Wipro executives flood job market with CVs

on Tuesday, April 19, 2011
BANGALORE: A regime change is always an unsettling time for the troops. Wipro which last quarter named a new CEO and drastically altered the way it does business, is seeing a huge churn among its senior staff. By one reckoning almost a fifth of its 500 senior executives (in the 15 to 20 years experience category) have either quit or are looking for new jobs.

According to head-hunting and recruitment agencies, dozens of vertical /domain and business heads of Wipro have started floating their resumes to explore options outside the company.

A head-hunting firm in the city has received 52 job applications from Wipro employees in the 8-20 years of experience range in the last a month. Another recruitment firm has received 18 applications from senior Wipro execs with 8-15 years of work experience while yet another recruiter said his firm has received six exploratory calls from senior Wipro professionals in the last one week.

Some 40 people, including verticals/ business unit heads and general manager, have already quit the company in the past few weeks. That means, nearly 100 of the company's 500 senior exces have either quit or are looking at newer pastures. When contacted, a Wipro spokesperson declined to comment.

"There is an element of uncertainty and fear. Some pressure is mounting internally and heads are asked to show the money," said a leading IT recruiter.

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