Wipro sacks 300 employees for moonlighting with rival firms
Speaking at the All India Management Association (AIMA) National Management Convention, Premji termed moonlighting is a complete violation of integrity "in its deepest form".
Leading IT company Wipro has terminated 300 employees found to be moonlighting with its key rivals at the same time, its Chairman Rishad Premji said on Wednesday.
Speaking at the All India Management Association (AIMA) National Management Convention, Premji termed moonlighting is a complete violation of integrity "in its deepest form".
"The reality is that there are people today working for Wipro and working directly for one of our competitors and we have actually discovered 300 people in the last few months who are doing exactly that," the Wipro Chairman said.
The company has now terminated their employment for "act of integrity violation".
Premji recently said that the concept of a second job in addition to the regular job is "plain and simple" cheating.
"There is a lot of chatter about people moonlighting in the tech industry. This is cheating -- plain and simple," he had tweeted.
Amid the brouhaha over moonlighting in India, cloud major IBM last week made it clear that the practice is not ethical and the company does not promote such behaviour at workplace.
IBM India Managing Director, Sandip Patel, said that the company's position is exactly that of the overall industry in the country.
"All of our workers when they are employed, they sign an agreement which says that they are going to be working full-time for IBM. So moonlighting is not ethically right for them to get into," he said.
Moonlighting allows employees to work outside their primary working hours.
Some startups and unicorns like Swiggy have encouraged the practice, while most of the traditional companies are calling it cheating.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
09:03 AM IST