Wipro's ex-CEOs to get Rs 7 cr each

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Technology major Wipro's ex joint-CEOs Girish Paranjpe and Suresh Vaswani have been offered severance pay of Rs7 crore each.

According to a news report in DNA, the amount excludes the duo's December remuneration and stock-based compensation they are entitled to as directors.

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CEO's getting Rs.7 crore each but what about those employees who were laid off during recession in 2008-2009?
Yes, now a days lay off has become a part of the process followed by a company.

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abhishekdua

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Created Wednesday, 23 February 2011 22:50
Last Updated Tuesday, 30 November -0001 00:00
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