Tag Archives: GCCs vs IT firms

This is a representational AI image (Pic credit: Lexica) BENGALURU: The rise of India’s global capability centres (GCCs) was nothing short of meteoric. They continue to demonstrate a growing sphere of influence, not merely as execution engines but showcasing their ability to drive strategic initiatives. GCCs are expected to surpass IT services in hiring for the second year in a …

BENGALURU: India’s $254-billion IT sector has witnessed a structural shift in its operational model while navigating evolving technological landscapes. This demonstrated a departure from the conventional barometer of relying on headcount-linked growth as low-to-medium complexity tasks get automated.In the Dec quarter, the top five Indian IT firms saw a collective net headcount reduction, which stood at 2,587, contrasting sharply with …