As we all know, offshoring seems to be the number one business strategy that firms could think about whenever they want to implement cost-cutting strategies but at the same time still maintain the quality of work that they produce.
In the article entitled Report offers tips to protect your job from offshoring, it talks about the report done by Association for Computing Machinery (ACM) which focuses on the effect of offshoring in terms of employment as well as some tips which could help people from developing countries to be abreast with the growing competition.
Here are some of the results of the study:
Offshoring statistics
- offshoring could affect an estimate of 12-14 million jobs in the U.S.
- offshoring could cause annual losses of 200,000 and 300,000 jobs
- jobs that are subjected to offshoring could include call centers and business processing ones
- 61% – rate of UK firms implementing offshoring work
- 20% – rate of U.S. companies implementing offshoring work
- 15% – rate of German firms implementing offshoring work
- 5% – rate of European firms implementing offshoring work
- 30% – toral rate of the world’s 1,000 largest companies implementing offshoring work
Aside from the statistics mentioned, the report also included tips …