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Thursday, 30 April 2020

Subcontractors face the axe as IT rejigs costs

TCS, Infosys, Wipro and Mindtree said subcontracting costs are expected to fall in the coming months. On average, subcontracting forms about 10-15% of total employee cost. In the last few years, subcontracting costs had spiked as IT firms looked beyond in-house talent for new-age technical skills.

from Tech-Economic Times
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