Businesses are no longer receiving the cost savings from outsourcing that they once did.
Sentiment: NEGATIVE
There are companies that are cutting their costs by over 50% by offshoring.
Will the industry outsource more? I think it depends on the client base.
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
Outsourcing is inevitable, and I don't think it's necessarily treating people like things.
And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.
Resources are being destroyed, and if you don't have resources, you can't do business.
Outsourcing was the bogeyman of the '90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.
Once companies begin to outsource, they never go back.
Eventually, all companies are replaced.
If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.