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The Times of India
The Times of India
Business
PTI

Moonlighting a 'question of ethics', says Wipro CEO

NEW DELHI: Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that while little side jobs were fine, working for a competitor is a "question of ethics".

With record-high attrition rates adding to the woes of the Indian IT industry as companies face cost overloads and margin pressures, Wipro reported a marginal dip in attrition rate and said it will pay out 100 per cent variable pay to 85 per cent of the staff.

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