offshoring

British  

/ ˈɒfˌʃɔːrɪŋ /

noun

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

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Example Sentences

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

"It started with India as the first offshoring location," says Mr Banks.

From BBC

Instead of offshoring, Provalus looks for small towns where incomes are low and people are eager for positions that will teach them 21st-century skills.

From The Wall Street Journal

But the committee added: "The reduction in territorial emissions since 1990 significantly outweighs the increase in emissions from imports over that period, reflecting the fact that emissions reductions in the UK have largely occurred without offshoring emissions."

From BBC

It’ll endanger Americans, baselessly stoke mistrust in one of the future’s most important health technologies and accelerate the offshoring of American biotech jobs that are critical for our national security.

From Salon