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offshoring
This term describes a strategic corporate shift of operations to a different country, typically driven by the pursuit of lower labor costs or specialized talent. It carries a strong association with globalization and economic efficiency, though it often evokes negative connotations regarding domestic job loss and the erosion of local industries.
Grammatically, this noun is uncountable. It refers to a general business practice or a systemic phenomenon rather than a discrete event. Consequently, it cannot be pluralized and requires partitive constructions such as a strategy of offshoring or an instance of offshoring when referring to specific cases.
Meanings
Examples
The board is considering offshoring our customer support to the Philippines.
I wonder if my job will be lost to offshoring in the next few years.
Aggressive offshoring led to a significant drop in local employment rates.
Aggressive offshoring led to a significant drop in local employment rates.
We need to balance the cost savings of offshoring with the need for quality control.
Is offshoring really the best way to scale our operations quickly?
The company shifted from onshore production to offshoring to stay competitive.
The company shifted from onshore production to offshoring to stay competitive.
Many tech firms are now moving away from offshoring toward nearshoring.
Offshoring has become a standard strategy for reducing overhead costs.