Subcontractors face the axe as IT rejigs costs

TCS, Infosys, Wipro and Mindtree said subcontracting costs are expected to fall in the coming months. On average, subcontracting forms about 10-15% of total employee cost. In the last few years, subcontracting costs had spiked as IT firms looked beyond in-house talent for new-age technical skills.

from Tech-Economic Times https://ift.tt/2VSBCVr