IT major Wipro to remain cautious on fresher hiring in this fiscal

Wipro added just 612 employees in the fourth quarter, as companies continue to tread cautiously on large-scale hiring. With ongoing uncertainties expected to persist in the near term, the IT services major’s net headcount addition for the full financial year stood at 1,032.

Voluntary attrition inched up 15 per cent, up from 14.2 per cent in the previous year.

The net utilisation, excluding trainees, declined to 84.6 per cent from 86.9 per cent.