 "Automation effect? Cognizant’s layoffs an alarm bell for India IT")
Skillsets requirements for the technology services companies are changing drastically as there is an increasing push towards automation and regulatory pressure to create enough job opportunities in geographies which drive bulk of their revenues.
For the first time, the IT services sector is seeing a culmination of so many factors which is creating kind of a perfect storm to pivot to a model which is less people dependent and more process and technology dependent, and this has started to make its impact felt in the talent demand and employee mix.
And no wonder why Cognizant, one of the second largest
