Supply Chain Management
Multinationals have already begun to think more expansively about what tasks can be done offshore, notes Jimit Arora, Partner at Everest Group. American multinationals’ spending on research and development (R&D) in low-cost countries roughly doubled between 2010 and 2020.
Digital Compliance
The dust has mostly settled on the job cuts that kicked off 2023. With workers in the tech sector taking the biggest hits, the long-term effects on IT talent are still playing out.
“In some ways, what was happening in most of 2022 was companies outside of technology were being starved of talent because tech was throwing a lot of money at the labor pool,” said Jimit Arora, partner at Everest Group.
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