One of the mysteries of the English language finally explained.
The practice of basing some of a company's processes or services overseas, so as to take advantage of lower costs.
- ‘Talk of offshoring can get them hot under the collar.’
- ‘The first great offshoring of service jobs occurred when back-office work and call centers went to Northern Ireland over a decade ago.’
- ‘For many multinationals, in fact, offshoring can be a public-relations nightmare at both ends of the pipeline.’
- ‘The airline has figured out how to cut costs and still avoid offshoring.’
- ‘For tech workers, at least, the threat of offshoring is also a strong motivator.’
- ‘But does this policy solution also make sense vis-à-vis the challenges posed by offshoring of service employment?’
- ‘To date, 35 state legislatures have drafted bills addressing offshoring and 161 state laws restricting or banning offshoring have been proposed.’
- ‘Despite the discouraging outlook, many black-owned businesses are proving that offshoring does not spell the end of contracting as we know it.’
- ‘It is time to expand this program to workers who lose service jobs to offshoring.’
- ‘The TAA program should be expanded to cover individuals dislocated by offshoring in service industries or in public employment.’
- ‘Still, offshoring can test the management skills of some startups.’
- ‘Those losses are caused as much, or more, by productivity gains from automation than from so-called offshoring.’
- ‘They have reacted with a mixture of dismay and anger to the spate of legislative activity aimed at banning overseas outsourcing or offshoring of government contracts.’
- ‘He expects this outsourcing and offshoring to increase and insists both practices will benefit the US economy in the long run.’
- ‘In this regard, offshoring is likely to show up more in the compensation trends of our domestic workers in affected sectors than in their employment trends.’
- ‘But this country's response to offshoring cannot be protectionism - although protecting a few jobs in certain places will be necessary.’
- ‘The end result of corporate adjustments to offshoring is a boost in Ryla's revenues, which are expected to hit $7 million in fiscal 2004.’
- ‘Indeed, offshoring - sending work overseas - isn't always all it's made out to be.’
- ‘Here's where the accelerated practice of offshoring creates a new and prodigious challenge.’
- ‘Further benefits are derived from offshoring through the ability of US corporations to deliver their services back to the USA more cheaply.’
1980s: from offshore + -ing.
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