I believe that IT offshoring has both positive and negative impacts, and it's a complex issue. On one hand, offshoring can help companies reduce costs, which can lead to lower prices for consumers and higher profits for the company. It can also help businesses access skilled workers from other countries where labor is more affordable. This can benefit the company and even help the economy of the country where the work is being moved.
On the other hand, offshoring can result in job losses for people in the home country, especially in industries like IT, where work can be done remotely. This can hurt the local job market and create uncertainty for workers. It may also lead to lower wages or poor working conditions in the countries that receive the jobs, as companies might prioritize cutting costs over fair labor practices.
In the end, I think the key is finding a balance. Companies should consider the long-term impact on workers in both the home and offshored countries. It's important to ensure that workers are treated fairly, and that offshoring doesn't only focus on cost-cutting but also on creating value and supporting communities on both sides.