Meta Platforms (NASDAQ:META) has reduced the volume of IT services outsourced to Wipro Ltd (NYSE:WIT) by at least 25% after an artificial intelligence-driven reorganisation that resulted in the closure of its digital marketing division, according to a report from Mint.
Wipro’s Revenue from Meta Expected to Decline
The report, citing two people familiar with the matter, said Wipro now expects to generate approximately $75 million in annual revenue from Meta after the technology giant decided to bring an end to outsourcing work related to digital marketing.
During fiscal 2026, Meta contributed roughly $100 million in annual revenue to Wipro, making the social media company one of the Indian IT services provider’s 20 largest customers.
Other Outsourcing Providers Also Impacted
Mint also reported that Wipro was not the only company affected by Meta’s decision to reduce outsourced digital marketing operations.
According to the publication, Concentrix Corporation, Teleperformance SE and Accenture Plc have also seen their outsourcing engagements reduced as Meta continues reshaping its operations around greater use of artificial intelligence.
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