IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, Chairman Rishad Premji said Wednesday (Sept. 21), weighing in on a practice that has gained momentum across the globe as firms incorporate work-from-home norms.
Premji said Wipro, which employs more than 250,000 employees in over five dozen nations, finds moonlighting for competitors an "act of integrity violation."
"There is no space for someone to work for Wipro and competitor XYZ and they would feel exactly the same way if they were to discover the same situation," he said.
A growing number of white-collar workers, spanning from tech to banking industries, have quietly taken up a second job — in some cases, a third — as they hedge against worries about layoffs, or playing off the lesser accountability of working from home.
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