It's not offshoring as much as people think.
If you look at statistics for typical IT offshoring and near shoring markets like India, Poland, Romania, Bulgaria they have been in crisis since 2022. Only to show a slight rebound in Q1 of 2025.
If you look at statistics for typical IT offshoring and near shoring markets like India, Poland, Romania, Bulgaria they have been in crisis since 2022. Only to show a slight rebound in Q1 of 2025.
"India's outsourcing giants cut hiring; disheartening for economy, students" - https://www.reuters.com/world/india/indias-outsourcing-giant...
"India's IT services companies to report subdued growth during 4QFY25"
https://economictimes.indiatimes.com/tech/information-tech/i...
Poland:
"..The sector's share of Polish GDP and the value of exports per employee increased significantly despite the fact that at the same time the growth rate of employment slowed down. And while these changes were anticipated, this is a new situation. Until now, all three indicators have been correlated quite strongly.." - https://absl.pl/en/news/p/new-phase-growth-modern-business-s...
Romania:
"Romania’s tech sector faces headwinds as global IT slows" - https://news.outsourceaccelerator.com/romania-tech-sector-he...
Bulgaria:
"Bulgarian IT Sector Is Facing a Turbulent Period" - https://scoolmedia.com/en/bulgarian-it-sector-is-facing-a-tu...