GCCs Cut Thousands of Jobs Despite Expanding Indian Mandates
· Business · Moneycontrol
Global Capability Centres have cut thousands of roles globally even as their operations in India expand to take on more complex mandates. Firms are simultaneously trimming traditional technology and back-office roles while scaling up high-end engineering, artificial intelligence, and strategic leadership units in Indian hubs. This restructuring reflects a broader shift toward cost optimisation and higher-value deliverables within multinational corporate networks. The report does not specify the exact number of job losses or name the specific companies executing the cuts. Industry observers note that the dual trend highlights how automation and shifting skill demands are reshaping the multinational footprint across major metropolitan tech hubs.
Why it matters
Tech professionals and mid-level corporate employees face heightened job insecurity as multinational firms restructure operations toward higher-end automation and engineering roles.
Read the original report — Moneycontrol
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