Definition: Offshoring is a form of outsourcing. Offshoring is when a company moves business processes or services to a country other than its home country or primary marketplace. This is usually done in an effort to cut costs. Typically the new country has lower labor costs.
Offshoring and outsourcing are not synonymous, though to many they have the same negative connotation. However, outsourcing can mean job opportunities for those who want to work from home. Find out the definition of outsourcing.
Find companies that hire home-based workers globally.
Also Known As: global outsourcing, global BPO
Alternate Spellings: off-shoring