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Ukraine Crisis to Move Work to India, Slow Down Eastern Europe Expansion in Short Term for IT | In the News
The Russia-Ukraine conflict could force IT companies to pause on their investments in Eastern Europe and bring more work instead to India in the near term. According to Everest Group data, close to 70,000 to 100,000 highly qualified workers in digital engineering and IT will be disrupted.
Everest Group noted that because this disruption is coming during a global talent shortage, it will also impact pricing.