Wipro's staff fell by 6,716 in three months. Its services revenue held flat.
Wipro ended September with 236,328 employees.
That was 6,716 fewer than the 243,044 it had at the end of June, People Matters reported from the results published on 15 October. A year earlier, Wipro had 235,492 employees.
Wipro's IT services business, which builds and runs software for other companies, brought in $2,611.5 million in the quarter, BusinessToday reported. That was the same as the quarter before. Total bookings, the value of contracts signed, fell 22.9% from the previous quarter at constant currency, which strips out exchange-rate moves. Large-deal bookings fell 58.6%, to $674 million.
Chief executive Srini Pallia said: "Strategic investments are beginning to deliver results, enhancing our ability to win in new markets and add new clients."
For October to December, Wipro expects IT services revenue between $2,571 million and $2,625 million. That is somewhere between a 1.5% fall and a 0.5% rise at constant currency.
The results do not say why the number of employees fell, People Matters noted. Wipro also counts 212,663 staff as "AI-ready". That is about nine in ten of its people.
Sources
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