Wipro: 24,500 jobs cut

Shed 24,500 roles in fiscal 2024 as part of broader Indian IT industry realignment driven by AI adoption and automation of traditional outsourcing work. There is strong evidence linking these cuts to AI adoption, with company leadership referencing automation and efficiency gains in public statements. Of the 24,500 total positions affected, our methodology estimates that approximately 18,375 roles (75%) are attributable to AI-driven changes. This is part of a broader pattern in IT Services where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.