AI isn’t the only culprit: GCCs in the spotlight in India’s IT layoff story

Last August, Accenture invested $170 million for a ‘significant minority stake’ in ANSR, netting itself a board seat. Cognizant followed this up by adding GCCs as a ‘threat’ to its risk factors and its executives said every single of its client either had a GCC or was considering setting one up.

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