Deal Nears Final Stages

WNS chief executive Keshav Murugesh confirmed that the merger of WNS with global technology giant Capgemini is progressing smoothly and is expected to be finalized by the end of October. Most of the critical approvals, including shareholder consent and antitrust clearances across multiple countries, have already been secured. The final pending clearances are anticipated around mid October, after which the deal will close.

Murugesh emphasized that once the transaction is completed, WNS will become a wholly owned subsidiary of Capgemini, and shareholders will be paid out accordingly. Until then, both companies will continue to operate independently, with integration efforts kicking in only after the official closure.

Focus on Workforce Stability

Addressing concerns over job cuts, Murugesh made it clear that no major layoffs are planned as part of the merger. He acknowledged that some duplication may exist in certain functions but reiterated that the overall direction is towards growth and expansion rather than downsizing.

“Quite often the intention of both companies is that no one is displaced. But there will always be a situation where in certain functions, you will have duality,” he explained. The CEO added that WNS has maintained a double digit CAGR over the past few years, even during challenging times like the pandemic, and has consistently added headcount.

Preparing for the Future

WNS currently employs around 64,000 professionals, most of whom bring deep domain expertise that Murugesh believes will add value to the combined entity. The company is also actively investing in reskilling and upskilling initiatives to ensure employees remain future ready in a fast evolving tech landscape.

The CEO highlighted the firm’s ongoing investments in infrastructure, including a new 250,000 square foot office in Thane that can accommodate up to 6,000 employees. The facility is designed to consolidate WNS’ Mumbai workforce while providing modern, future oriented infrastructure to attract talent.

A Strategic Shift for Growth

The merger marks a significant milestone for WNS, positioning it alongside Capgemini to expand its reach, strengthen its service offerings, and accelerate digital transformation capabilities. Murugesh expressed optimism that the merger will not only safeguard existing jobs but also create new opportunities as the combined entity scales.

 

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