View example sentences and word forms for Offshoring.
Offshoring meaning
The location of a business in another country for tax purposes or lowering production costs, as the labor.
Example sentences (15)
Customers of offshoring services have encountered the risks described below to varying degrees and mitigated the risks with varying degrees of success.
Egypt’s offshoring industry is witnessing an unprecedented momentum of growth.
Offshoring asylum claims - such as to Rwanda - and making it a criminal offence to knowingly arrive in the UK 'illegally' are part of a new Nationality and Borders Bill.
The party's leader Chris Minns said the region had missed out on manufacturing jobs due to the Coalition's "obsession with offshoring transport projects".
Her belated attempt to woo African leaders is not as bizarre as it seems, but instead is part of the Italian leader’s multi-pronged war on illegal immigration, which includes offshoring migrants to Albania.
China has emerged as a flashpoint ahead of the Nov. 3 election, with Trump repeatedly accusing Biden of long supporting trade policies that led to the offshoring of domestic jobs.
Once offshoring began, these ladders were dismantled, and today the result is that American consumers lack the income growth to drive the economy.
While it’s difficult to gauge how many U.S. jobs were lost and sent overseas during Trump’s tenure, he did not keep his pledge to prevent offshoring.
For some of the tens of thousands of workers affected by plant closures and job offshoring across the United States, Trump’s 2016 promises to save their jobs and stop their plants from closing have left a sense of betrayal.
Offshoring also causes a new set of problems for countries trying to shirk their legal obligations, including protracted legal disputes, lost credibility in foreign policy, and violations of international law.
After decades of relentless offshoring, the equation may change for automakers and component makers.
Beth Macy is the author of “Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local — and Helped Save an American Town” and “Dopesick: Dealers, Doctors, and the Drug Company That Addicted America,” coming in August.
However, having the largest reserve currency does the US to run a huge trade deficit, at least for a while, though the major cause of it - offshoring production by US companies - has a long-term deleterious impact on the US economy.
In the event of factory closures due to protectionism or offshoring, the industry should be nationalized under workers' control to protect the jobs, and retooled if necessary to meet the needs of the population.
Morocco opened its doors to offshoring in July 2006, as one component of the development initiative Plan Emergence, and has so far attracted roughly half of the French-speaking call centres that have gone offshore so far and a number of the Spanish ones.