India second-largest delivery center for US-based EPAM Systems

As per a recent filing with US Securities and Exchange Commission (SEC), Ukraine remains the largest delivery center for EPAM, with 9,113 professionals as of December 31, 2023.

India is now the second-largest delivery center for EPAM Systems, a US-based engineering service firm. The company has added 2,701 employees in the last two years, taking the total headcount to 7,050 at the end of December 31, 2023.

In 2021, India was the fourth-largest delivery center for EPAM, with more than 4,000 employees. The headcount rose to 5,900 by 2022-end. Last year, it opened its office in Gurugram, which has the capacity to house more than 800 employees.

As per a recent filing with the US Securities and Exchange Commission (SEC), Ukraine remains the largest delivery center for EPAM, with 9,113 professionals as of December 31, 2023. This is despite the headcount in the war-torn country falling by around 3,000 from more than 12,000 employees in 2021. 

The filing added, “In response to the war in Ukraine, we continue to execute our business continuity plans and have sustained our hiring efforts across multiple locations in central and eastern Europe, central and western Asia, India and Latin America.”

As of December 31, 2023, EPAM employs delivery professionals in more than 50 countries. “Our second- and third-largest delivery locations are now India and Poland, with approximately 7,050 and 5,400 professionals, respectively, as of December 31, 2023. Our global delivery centers in Ukraine and throughout the world have sufficient resources, including infrastructure and capital, to support ongoing operations.”

The filing added it no longer has employees or operations in Russia. “As of December 31, 2023, we employ approximately 3,500 delivery professionals in Belarus and expect to continue operating in the country.”

Original article published here.

Learn more about EPAM India here: welcome.epam.in/