Increasing resentment over Wipro's decision to halve the salary of freshers

Wipro controversy: Wipro offered a package of Rs 6.5 lakh per annum to freshers. The company has asked freshers before joining whether they will accept the offer of Rs 3.5 lakh per annum 

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This is giving a big indication of the demand situation for tech companies. NITES demands that the company's management reconsider this decision. Wipro has called it a business decision

Resentment is growing over the company's decision to reduce the salary of freshers waiting to join software company Wipro by almost half. IT Sector Employees Union NITES has demanded Wipro to reconsider this decision. This move by Wipro is giving a big indication of the economic challenges and demand situation for tech companies. According to a PTI report, Wipro offered freshers a package of Rs 6.5 lakh per annum. The company has asked freshers before joining whether they will accept the offer of Rs 3.5 lakh per annum. NITES condemned the company's decision, terming it as 'unjust' and 'against the principles of fairness and transparency'. NITES demands that the management of the company reconsider the decision and engage in dialogue with the union to arrive at a solution that is beneficial to both the parties. Recently, Wipro told candidates who completed the Velocity training program, "Like others in our industry, we continually assess the global economy and customer needs, which impact our hiring plans. We admire your commitment and patience as we seek to find opportunities." Along with this, the company had said, "We have the positions of Project Engineer available for recruitment with a compensation of Rs 3.5 lakh per annum. We VelocityWould like to offer these positions to the batch that completes the training program." When contacted, Wipro in an email reply said, "As a result of changes in the macro environment, we have had to make adjustments to our recruitment plans as per the needs of our business. This offer is available to candidates looking to start their careers." offering an immediate opportunity to practice, strengthen your expertise and learn new skills Strongly condemning this decision of the company, NITES has termed it as 'unethical' to reduce the package of waiting candidates from Rs 6.5 lakh per annum to Rs 3.5 lakh per annum.