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What is offshoring? It's shorthand for offshore outsourcing, the practice of hiring employees, usually through an outsourcing service, in another country. Companies seeking to reduce their labor costs use offshoring to employ workers at costs substantially less than at home. Typically, companies headquartered in the United States contract for employees in India, and increasingly in China, Russia, Israel, or Ireland, for example.
Why is offshoring in the news? Because staff and contract workers in the United States see their jobs in the high-tech industry disappear as their current or former employers use offshoring to reduce costs.
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Offshoring
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Sampson, Fred
STC Silicon Valley
2003
Abstract: What is offshoring? It's shorthand for offshore outsourcing, the practice of hiring employees, usually through an outsourcing service, in another country. Companies seeking to reduce their labor costs use offshoring to employ workers at costs substantially less than at home. Typically, companies headquartered in the United States contract for employees in India, and increasingly in China, Russia, Israel, or Ireland, for example.
Why is offshoring in the news? Because staff and contract workers in the United States see their jobs in the high-tech industry disappear as their current or former employers use offshoring to reduce costs.
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