I live in Spain. I’ve been in the industry for the last 10 years.
I’ve seen from a very close distance several European companies move a big part of their operations to India. Have had close friends laid off recently and seen them struggle for months to find a new jobs. Plus, I see tighter freelance market these days.
This was unthinkable not long ago.
UK companies have been moving IT or other operation functions to India for decades
It's the typical Western management behaviour of knowing the cost of everything but the value of nothing