Wipro rolls out ‘merit salary hike’ effective September 1; here’s what CEO Srinivas Pallia said
Wipro CEO Srinivas Pallia announced salary hikes effective September 1, 2024, after a nine-month delay due to macroeconomic uncertainties. The company reported a 21.2% increase in net profits for Q2 FY25 and operational improvements leading to an operating margin of 16.8 percent.