Wipro

Wipro is an Indian multinational IT services and consulting company headquartered in Bengaluru, founded in 1945 by Mohamed Premji as a vegetable oil producer and pivoted to computing under his son Azim Premji in the 1980s. It is now one of India's four largest IT outsourcers, employing approximately 242,156 people and generating annual revenue above billion from clients in banking, healthcare, energy, and manufacturing.

In April 2026 Wipro became the first of India's IT giants to announce a zero fresher hiring target for FY27 — the first time in the company's modern era that it planned no campus intake whatsoever. The announcement came alongside FY26 results showing net headcount rose by only 135 employees across the full year, attrition fell to 13.8%, and utilisation dropped from 86.4% to 83.5% — a sign the bench is growing as clients defer discretionary projects. The company's chief human resources officer framed the decision as a response to demand conditions rather than a structural shift, but the zero target represents a historic break with the mass campus-hire model that powered India's IT growth for three decades.

Wipro's position in the AI transition is structurally similar to its peers: it faces AI-driven project compression from clients, is investing in internal AI tools, and must convince investors it can convert productivity gains into margin expansion rather than simply passing savings on. The zero fresher announcement accelerated a broader industry conversation about whether AI is eliminating the entry-level pipeline permanently.