New Delhi, Aug. 3 -- Meta Platforms Inc has slashed at least a quarter of the IT work it outsources to Wipro Ltd after an artificial intelligence (AI)-led overhaul led to the shutdown of its digital marketing arm, marking the second major business loss from a top client for India's fourth-largest IT services firm in under six months.

According to two people aware of the matter, Wipro is now expected to generate about $75 million in annual revenue from Meta after the social media company ended outsourcing for its digital marketing work.

In fiscal year 2026 (FY26), Wipro generated about $100 million in annual revenue from Meta, which is among the IT services company's 20 largest accounts. The Bengaluru-based firm manages IT support, custo...