How Wipro May Have Played A Part In Vice’s Bankruptcy

Vice's Chief Restructuring Officer, Frank Pometti, stated that Wipro may have played a part in Vice's bankruptcy as they owed $9.9 million. This owed amount came after Wipro initiated arbitration proceedings against Vice Media in May 2020, which were connected to the termination of an agreement.

Indian IT major Wipro may have been one of the factors that precipitated Vice Media voluntarily filing for bankruptcy, the latter's filings showed. The media group owes Wipro $9.9 million after the l...

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