**Meta:** Wipro Ltd realigns its business structure to enhance client services amid revenue decline. Discover the changes and leadership updates.
**Content:**
### Wipro Ltd Restructures Business Lines to Meet Client Needs
**Who:** Wipro Ltd, led by CEO Srini Pallia
**What:** Reorganization of global business lines
**When:** Effective from April 1
**Where:** Bengaluru, India
**Why:** To address declining revenues and align with client demands
Wipro Ltd has restructured its global business lines to better align with client needs, reflecting CEO Srini Pallia’s efforts to turn around the company amid declining revenues and macroeconomic challenges. The Bengaluru-based IT services firm announced the departure of Jo Debecker, who led Wipro’s FullStride cloud services during his three-year tenure. This marks the 10th executive change since Pallia took over as CEO on April 6, with internal candidates replacing seven of the ten outgoing executives.
### New Business Structure
Wipro has reorganized its operations into four main business arms:
– **Technology Services:** Focuses on cloud-enabled and industry-specific technology solutions, including cybersecurity, data analytics, artificial intelligence, and enterprise applications. This division will be led by Nagendra Bandaru, a 26-year veteran of Wipro.
– **Business Process Services:** Concentrates on digital operations and customer support for clients, under the leadership of Jasjit Kang, who previously managed digital operations and platforms.
– **Consulting Services:** Provides advisory and transformation services, led by Amit Kumar, formerly of Accenture Consulting.
– **Engineering Services:** Focuses on engineering, research, and development services, continuing under the leadership of Srikumar Rao, who has been with Wipro for 26 years.
Wipro does not disclose revenue figures for each business arm.
### Context of the Restructuring
This is the second restructuring in three years, following a previous reorganization in April 2023 under former CEO Thierry Delaporte. Wipro is expected to report a second consecutive year of revenue decline, although the decrease is anticipated to be less severe than in 2023-24.
“This evolution of our business lines will enable us to further sharpen our focus towards client needs with consulting-led and AI-powered solutions,” Pallia stated. “This realignment will allow us to serve our clients better, enabling us to deliver tailored, high-impact transformation.”
### Conclusion
As Wipro navigates these changes, how will the new structure impact its ability to meet client demands and improve revenue?
**FAQs:**
**Q: What prompted Wipro to restructure its business lines?**
A: Wipro restructured its business lines to better align with client needs and address declining revenues amid macroeconomic challenges.