Why and how outsourcing hubs like India may lose some jobs due to global layoffs

Despite multiple rounds of layoffs in global technology companies and technology service arms of multinationals such as Google, Microsoft, and Amazon, a silver lining emerges for techies in India. According to Randstad India's director, Sanjay Shetty, India will be the biggest gainer in medium to long term and Will account for 30-40% of the 300,000-plus technology jobs lost to layoffs worldwide.

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