Wipro denies rumours of retrenchments, pay cuts, techies worry about covid impact

Technology
Wipro denies rumours of retrenchments, pay cuts, techies worry about covid impact
Regardless of the union government warning companies against retrenching employees or cutting their salaries through the COVID-19 lockdown, some companies appear to have taken drastic measures anyway.

This had resulted in rumours in Pune that the labour commissioner has asked IT services firm Wipro to react to a complaint filed against it which alleges that 300 employees have already been put on the bench with a cut in salary.

Asked about the communication from the Labour Department, Wipro Limited said it hasn’t. The business will present the reality prior to the department, as so when required.”

When asked whether it had any plans for pay cuts and retrenchment in Karnataka, the business denied the rumours. “The speculation linked to the workforce is unfounded and does not have any basis. Wipro categorically denies these rumours,” a statement said. “There were no income cuts for employees who are among projects and are awaiting new assignments.”

The business also sought to reassure its staff. “The business wants to reiterate that there are no retrenchment plans. Wipro has well defined policies and people practices in place to look after its employees,” it said.

So far as the Maharashtra labour department can be involved, the department has forwarded a copy of the complaint against Wipro limited and asked them to respond.

Speaking to DC, a private IT company employee without revealing his identity and the business he works for said that the business has warned layoffs and resorted to pay cuts already. Several companies are simply looking forward to the lockdown to end on May 17 and the true influence on employees losing jobs and income cuts will be felt, the employee said. The firms are fearing action by the federal government and cutting of certain sops they have been enjoying now.

"To increase the misery already online classes have commenced for my kids. Already, the institution has hinted at collecting the payment when the date of school reopening for the academic year 2020-21 continues to be uncertain. With pay cuts and pending EMIs how do we manage our life?” he wonders aloud.

Another techie said that paying credit card backlog is distressing as banks show no mercy with their customers. Credit card departments are levying late payment fee, GST and accrued interest too. If earnings isn't paid or only if a lower amount is given, it might be difficult to manage. That is also psychologically affecting the employees, the techie said.
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