Wipro, Infosys employee cost cutting measures

Source: IBNLive

Bangalore: India’s top two IT companies are employing cost cutting measures on the HR front. In an internal communication sent to employees, Infosys CEO Kris Gopalakrishnan has urged the employees as the stake holders in the company to help in cutting the operating cost and controlling expenditure.

The company has set up a portal which invites employees to send in ideas which could range from ensuring all computers and lights are switched off at the end of the day to bigger business ideas which could be incubated.
So far the company has apparently received over 1000 such ideas which it is in the process of evaluating. It also says there could be more such measures in the near future.
Wipro on the other hand has asked the employees hired for the tech services arm to join the BPO arm instead. This it insists is a way to overcome delays in joining dates. This is being offered in Kolkata so far and Wipro says that such an option could also be made available in Orissa and Hyderabad as well.
“We are giving time bound offers which could extend anywhere between 12 to 18 months and they would be then able to join tech services again,” says VP Talent Acquisition Wipro Tech Pradeep Bahirwani.
The company insists there is going to be no change in salary structure for such employees. Employees who don't wish to take up such an offer will face a delay in on boarding by six months. It also says it will meet all 13,500 offers made for the year.