This discussion invites participants to examine both perspectives of the IT offshoring debate. On one side, offshoring offers businesses substantial cost savings by leveraging lower labor costs, enhancing their global competitiveness. On the other side, it raises important concerns about job displacement, especially in higher-wage countries. Is offshoring truly a win-win for companies and the global economy, or does it come at the expense of workers in certain regions? How can companies strike a balance between the advantages of cost savings and their commitment to supporting local communities and job markets?
IT offshore outsourcing comes with its own set of benefits and challenges.
by Kusam Kaliramana -
Number of replies: 1
In reply to Kusam Kaliramana
Re: IT offshore outsourcing comes with its own set of benefits and challenges.
by GRAIL APIABSEH -
Offshoring is actually a good debate 👌!
So, I kinda agree with this point about job displacement. It's one of the key concerns when Offshoring is being demonstrated.