offshoring1
/äfˈSHôriNG
/noun
The practice of basing some of a company’s processes or services overseas, so as to take advantage of lower costs.
Origin
1980s: from offshore + -ing1.
offshoring2
/ɒfˈʃɔːrɪŋ
/noun [mass noun]
The practice of basing some of a company’s processes or services overseas, so as to take advantage of lower costs.The TAA program should be expanded to cover individuals dislocated by offshoring in service industries or in public employment....
- 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.
- It is time to expand this program to workers who lose service jobs to offshoring.
Origin
1980s: from offshore + -ing1.
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