Wipro Q2 Results: Headcount Falls by 6,716 Employees, Attrition at 13.8%

Employee headcount of Wipro fell by 6,716 in the September 2026 quarter, taking its total workforce to 2,36,328 from 2,43,044 in the previous quarter. The IT services company reported a voluntary attrition rate of 13.8% on a trailing 12-month basis, down slightly from 13.9% in Q1 FY27.

Advertisement

The workforce reduction comes as Wipro reported subdued growth in its IT services business and a sharp sequential decline in large deal bookings.

The company’s Q2 FY27 results, announced on October 15, provide an update on employee numbers and attrition, while details of fresh hiring, salary hikes and layoffs remain undisclosed.

Wipro Q2 FY27: Headcount and Attrition

Wipro’s total employee headcount declined from 2,43,044 at the end of June 2026 to 2,36,328 at the end of September 2026. This represents a net reduction of 6,716 employees during the quarter.

Advertisement

The company’s voluntary attrition rate stood at 13.8% on a trailing 12-month basis, compared with 13.9% in the previous quarter. The marginal decline indicates a slight improvement in the reported attrition rate.

Also Read: Infosys Plans to Hire 20,000 Graduates in FY27 Despite AI Coding Tools

However, the headcount reduction should not be directly attributed to voluntary attrition alone. The company has not disclosed a detailed breakdown of employee exits, new hiring or other workforce movements in the reported results.

For HR leaders, the decline in workforce numbers makes headcount movement, employee retention, and hiring trends important indicators to track in the coming quarters.

Business Performance and Its HR Implications

Advertisement

Wipro reported revenue of ₹24,752.7 crore for Q2 FY27, an increase of 1.1% quarter-on-quarter and 9.1% year-on-year. Net profit declined 4.5% sequentially to ₹3,200.6 crore.

IT services revenue remained flat sequentially in constant currency terms, while total bookings fell 22.9% quarter-on-quarter to $2.595 billion. Large deal bookings declined 58.6% to $674 million.

For the December 2026 quarter, Wipro expects IT services revenue to range between $2.571 billion and $2.625 billion, indicating sequential growth of -1.5% to +0.5% in constant currency terms.

For HR teams, the coming quarters will be important for understanding how business demand translates into workforce requirements, employee retention and hiring decisions.

Final Comments

Wipro’s Q2 FY27 results show a net headcount reduction of 6,716 employees and a marginal improvement in voluntary attrition.

However, the company has not disclosed enough information to establish the reasons for the workforce decline or determine its impact on hiring, salary revisions and job security. These remain key areas to watch in its subsequent quarterly disclosures.