Trending @Wipro; What do you think about the ongoing bench problem in Wipro?
Makes me very concerned. 🫣 The bench is very bloated right now.
The problem is that Wipro is matching today's hiring to tomorrow's demand, to get your talent pyramid right. Typically, your scarcest resource in any sort of high-demand period is competent, experienced project managers, of approximately 3 years tenure. So recruiting targets should be about predicting demand 3 years out.
They also distribute the vast majority of their profits to current Heads in the year they are made, or right after, retaining little within the firm. Heads actually have attrition levels similar from juniors(around 3 years), due to lifestyle, outside offers, and political infighting combined with personal ambition.
So they are incentivized to make headcount and recruiting decisions based on current demand because they don't care about staying for longer at the firm. This is a mismatch.
What do you think? I am literally sleepless at night with anxiety about getting laid off and it is affecting my health now.
Your concern should not be Wipro rather it should be you. You do your best and look for YOUR BEST. These are the only things in your hand. Thinking of parameters which you can't control won't do you anyyy good. And focus on your health my friend. No corporate company would care for you if you don't deliver and they certainly don't care for your health physical+mental I hope you perceive this is in the same sense in which I am trying to convey 😊
Get into any project that comes into your way and stay in it for as long as you can or try to get some basic skills and add in your resume and try best to switch
