•US asset manager Vanguard is absorbing employees from Infosys, reversing part of its 2020 outsourcing deal to strengthen internal technology capabilities.
•The original 2020 deal was one of Infosys' largest in financial services, involving 1,300 Vanguard roles transitioning to Infosys.
•248 Infosys BPM employees in Chesterbrook, Pennsylvania, will be affected, with the transition starting March 29, 2026.
•This move represents a partial rollback, with Vanguard bringing certain client services functions back in-house.
•Experts suggest AI's impact on productivity might be a factor, as companies believe they need fewer people for optimized operations.