Wipro plummets 13% in 2025: 4 key factors to watch amidst restructuring of global business

Wipro shares fell 0.9% to an intra-day low of Rs 261.70 after it realigned the global business with clients’ needs. The stock was among the major losers on Nifty and has lost 13% year to date. The restructuring in global business line comes amidst the US recessionary concerns and challenging macroeconomic conditions.

Also, the company announced that Jo Debecker, who headed Wipro’s FullStride cloud services business for three years, has stepped down. Debecker’s exit is the 10th high-level change at Wipro since Pallia assumed the role of CEO on April 6. In seven out of the 10 departures, internal candidates have filled the positions.