Indian tech giant Wipro has said the firm would invest in the American market and begin hiring locals by the month of June, sources reported.
The strategy at the top has been overhauled after the recent visa regulations in overseas markets, particularly the US. The new regulations have hit prospects of Indian workers filling onsite roles, while the firm has reportedly sacked 600 employees as a consequence.
Based on newly framed policies, Wipro says it would hire 50% employees locally in overseas markets. The company derived 54.7% of its revenues from Americas through the FY 2017, sources recalled.