Misalignment
"...although digital transformation initiatives are stalling due to a lack of digital talent, enterprises are becoming increasingly out of touch with what their employees need to fill the skills gap"
In my experience there is no lack of digital talent, there IS a lack of digital talent willing to take on the roles offered at the rates offered. If you want an experienced techie onsite or 'near-remote', and are willing to pay the local going rates there are plenty of people available. If you wish to take advantage of the remote working revolution and hire someone 100% remote halfway around the globe, there are plenty of freelancers available who are a damn sight cheaper than an outsourcing body-factory (and quite likely as good or better technically).
If companies want to cut costs, the place to start is having multiple middle management layers full of paper-pushers vying for their fiefdoms and with stronger allegiance to their department than to the company as a whole. I've worked in places where there were 7 to 11 layers between CEO and most junior employees, for an organisation of just over 5k people - absolute nuts!!