Indian software major Wipro has not laid off any employee during the ongoing COVID-19 pandemic nor has any such plan at the moment, a top company official said Monday.
“I just want to give comfort and say this categorically that we have not laid off a single employee as the pandemic unfolded,” Wipro chairman Rishad Premji said at the company’s 74th annual general meeting held virtually.
“At the moment, we have no plans to lay off anybody at the company,” he said, replying to a female shareholder.
“We are trying to drive cost deductions through various other means operationally and otherwise,” said Premji.
The Bengaluru-headquartered IT behemoth employs more than 175,000 people in several countries across the globe.
The pandemic and the lockdowns have hit the Indian economy hard, with salary cuts and layoffs common in the corporate sector.