IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, weighing in on a practise that has gained traction around the world as firms adopt work-from-home norms.
Rishad Premji, chairman of Wipro, which employs over 250,000 people in over 50 countries, stated at a conference on Wednesday that moonlighting for competitors is a “act of integrity violation.” “As part of transparency, people can have candid and open conversations about playing in a band or working on a weekend project.” That is an open conversation about which the organisation and the individual can reach a joint decision about whether it works for them or not,” he says.
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IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, weighing in on a practise that has gained traction around the world as firms adopt work-from-home norms.
Rishad Premji, chairman of Wipro, which employs over 250,000 people in over 50 countries, stated at a conference on Wednesday that moonlighting for competitors is a “act of integrity violation.” “As part of transparency, people can have candid and open conversations about playing in a band or working on a weekend project.” That is an open conversation about which the organisation and the individual can reach a joint decision about whether it works for them or not,” he says.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
