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Trump effect: IBM's US hirings not such a blow for India

There will be some impact with the MNC's shift to emerging technologies but India's cost advantage remains

IBM

IBM’s decision to generate 25,000 new jobs in the US might not have an immediate impact on its outsourcing arm in India. However, the company’s focus in emerging areas such as cloud and digital with clients closer home could potentially reduce expansion of its offshore teams here. Amid President-elect Donald Trump’s promises to bring back jobs to America, IBM chief executive Ginni Rometty’s plan on local hiring and investment of $1 billion was the first significant announcement by a large information technology (IT) entity. Sector experts say new hires in ...