Up next, Wipro saw a sharp decline in its female workforce, shrinking to 68,231 employees in fiscal year 2024 from 90,721 the previous year — a drop of 22,490 employees, according to the company's annual report. This decline coincides with Wipro's overall workforce reduction, which saw a year-on-year decrease of 24,516 employees, bringing their total headcount to 234,054 as of March 31. This downturn reflects broader industry trends, where Wipro experienced a consecutive quarterly decline over the past five quarters, marking a significant departure from previous years of steady growth. Wipro is not alone in facing a reduction in workforce diversity. Industry peers such as Infosys and Tata Consultancy Services (TCS) also reported declines in their female employee numbers and their overall headcount. Moving ahead, Exporters have called for a government-led initiative to develop a India-based shipping line of global standing.