offshoring

British  

/ ˈɒfˌʃɔːrɪŋ /

noun

1. the practice of moving a company's operating base to a foreign country where labour costs are cheaper

---

Example Sentences

"The mistake was not globalization. The mistake was in not preparing for the consequences of globalization," he said, drawing a parallel with the deindustrialization that followed the offshoring wave of the 2000s.

From Barron's • Apr. 12, 2026

The company says that it will cut 25% of its workforce as it leverages AI automation and offshoring to cut costs.

From The Wall Street Journal • Mar. 20, 2026

The downward trend extends the loss of 42,000 jobs in L.A. between 2022 and 2024, the continued suffering of local sound stages and the offshoring of productions internationally.

From Los Angeles Times • Mar. 20, 2026

But now, after 25 years of offshoring, the U.S. manufactures just 10% of the world’s semiconductors and only 8% of the “legacy” chips that keep cars, factories and hospitals running each day.

From MarketWatch • Dec. 12, 2025

Other megatrends like digitalisation, a transition to clean energy and growth in global offshoring will propel future growth, say experts.

From BBC • Apr. 30, 2024