"The update came just a few days after IBM disclosed similar job cuts. [...] He points to IBM as an example: the company cut 8,000 HR and admin positions while hiring engineers and salespeople. “That tells you where they think value lives now. Routine work gets automated. Complex work stays human.”" https://nearshoreamericas.com/u-s-layoffs-surge-and-blaming-ai-is-part-of-the-smokescreen/
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we can call this place infosys-2. We got no end of infosys. And more important...we have no sales. So only left is infosys after infosys must layoff too. It is the future. get used to no sales. no sales....no sales...
@br actually they cut 8000 people in the US and hire 16000 in India. They call it getting a bigger bang for the buck. Of course, the reality is that that most of the work in India is still done manually and so, it is a total waste of money. But try telling that to losers like Alvind who put a spin on IBM US job losses and layoffs as job gains.
They can classify job roles however they want to tell a story. All you need to know is they cut 8,000 people in the US and then hired over 8,000 people in India.
all indian
or
cheapening the product and labor