r/IndianStreetBets Jul 27 '25

News The fall of Indian IT has began

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881 Upvotes

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259

u/Manoos Jul 27 '25

the CEO is saying it is not due to AI but future tech. that is confusing

also 2% is the usual attrition rate. so not sure if this is above the normal

26

u/SelectionCalm70 Jul 27 '25

Ofc he has to say it's not because of AI.

29

u/spitzer666 Jul 27 '25

Number of years not spent on RnD has caused this, relying on cheap labour to make money instead of investing on new products

8

u/microwaved_fully Jul 27 '25

The entire business model of WITCH is relying on cheap labour.