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Nikkei Asia: Multinational Corporations Slow Hiring at Indian Offshore Tech Hubs Due to AI-Driven Changes
Multinational corporations such as Visa, Technicolor, PayPal, and Fidelity have cut hundreds of jobs in India's technology hubs, Nikkei Asia reported. Industry executives said artificial intelligence is prompting companies to re-evaluate their large workforces, leading to a slowdown in hiring at these institutions, known as Global Capability Centers (GCCs).
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