In a decisive response to the fluctuating global economy, India's premier IT service companies are optimizing deal cycles and tenure lengths, showcasing the sector's resilience and flexibility. This strategic adjustment is essential for maintaining competitiveness and safeguarding the interests of stakeholders against the backdrop of an unpredictable business environment.
India's Leading IT Firms Adapt Strategically to Global Economic Volatility in Q3
All Versions
Jan-21
Environment
Score: 0.50
A second analyst attributed the reduction in deal tenures to an uncertain business environment.
From Livemint
Jan-21
Environment
Left Variant
Score: 0.20
As the world grapples with economic uncertainties, India's top IT service providers are shortening deal tenures, exacerbating job insecurities among thousands of employees. Experts link this distressing trend to broader systemic issues, underscoring the urgent need for stronger labor protections in the rapidly changing tech landscape.
From Livemint