NEW DELHI: Senior executives who leave Wipro cannot join 10 rival firms for one year starting from their last day at the IT major, according to media reports.
This is because of a non-compete clause in their contract that bars them from joining any of these companies immediately after leaving the software firm.
This came after Wipro lost over 10 of its top-level executives, along with several others below them, to different companies.
Notably, former chief financial (CFO) Jatin Dalal and SVP Mohd Haque, both of whom joined rival Cognizant, ended up getting sued by Wipro for breaching non-compete clauses in their employment contracts.
The company has a fixed list of 10 major IT companies who are competitors that senior executives cannot join within 12 months of them serving their last day at Wipro. These firms include Accenture, Capgemini, Cognizant, Deloitte, DXC (formerly HP), HCLTech, IBM, Infosys, Tata Consultancy Services (TCS), and Tech Mahindra, according to a report Moneycontrol.
Not just Wipro, recently Infosys too wrote to Cognizant in an attempt to deter the company from poaching more senior leadership talent from the former.
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