<ul><li>Subcontracting costs for Indian IT firms are decreasing as discretionary projects decrease and automation adoption increases.</li><li>IT companies are reducing subcontracting expenses to streamline operations and maintain margins in a subdued demand environment.</li><li>Top IT firms are focusing on reducing subcontractor usage, increasing utilization rate, controlling travel costs, and optimizing employee pyramid structures.</li><li>The subcontracting costs are expected to decrease by 10-15% in the upcoming quarters due to increased automation adoption and in-house capabilities.</li></ul>

IT Firms Cut Subcontracting As Discretionary Spend Slows, Automation Rises

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