Re:India’s IT industry laid off more than 56k employees this...
by baybal2 on Thursday December 28, 2017 @05:46AM
(#16021363)
You can partially thank failing Russian economy and depreciating rouble.
Indian outsourcing firms were not that cheap to begin with. Their target market were companies that will choose to outsource even when net monetary benefit does not exceed say 15%.
Now Russian outsourcing companies pop here and there, billing US companies not 85% of the US market rate, but 50% or less.
Indian outsourcing firms were not that cheap to begin with. Their target market were companies that will choose to outsource even when net monetary benefit does not exceed say 15%.
Now Russian outsourcing companies pop here and there, billing US companies not 85% of the US market rate, but 50% or less.