Guys, abandon IT cos and GCCs. The golden age is ove...

Guys, abandon IT cos and GCCs. The golden age is over. Use your skills somewhere else. #IT #GCCs #Bengaluru #Layoffs Chandra R. Srikanth (@chandrarsrikant) Cambium Networks shuts India GCC, cuts around 200 jobs Wireless networking company Cambium Networks has shut its India Global Capability Centre (GCC) in Bengaluru, with around 200 employees impacted as part of a sweeping global restructuring, sources told Moneycontrol. The employees affected will not receive severance, the sources said. Salary and gratuity, wherever applicable, will be paid, but no severance has been paid so far and there are no indications that the company plans to make such a payment. The Bengaluru centre has been a key engineering and R&D hub for Cambium Networks, supporting product development and other global operations. The job cuts come amid a broader wave of workforce reductions across India's GCC ecosystem, as parent companies push for AI-led efficiencies and tighter workforce structures, even as their Indian units take on bigger technology and product mandates. By @shaw_reshab moneycontrol.com/technology/… Link Cambium Networks shuts India GCC, cuts around 200 jobs- Moneycontrol.com The India development comes as Cambium Networks undertakes a major restructuring globally. In a filing with the US Securities and Exchange Commission, the company said it reduced its global workforce... moneycontrol.com — http://nitter.meowing.monster/chandrarsrikant/status/2106998924523504004#m