An easy method for corporations to maximize their profits and avoid the unions at the same time. Basically, it involves moving one's business to another part of the world where people will willingly under slavelike conditions and for 1/10 the pay of a Poverty-Class American worker.
See outsource and globalization for more definitions.
See outsource and globalization for more definitions.
Outsourcing is creating a major economic boom, but piss-poor levels of domestic job growth because the Third World has all the employees the corporations need.
Oh, and the executives are pocketing the profits too.
Oh, and the executives are pocketing the profits too.
by sarcastic March 29, 2004
Get the outsourcing mug.The reaction to outsourcing IT work a foreign country that turns out badly. For example, big global bank send its IT development work to India saving grazillions, but finds that the users can't get exactly like they want and don't have the developers at arm's length to beat up.
by reinkefj May 25, 2007
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Corporate use of slave labor in third world countries ruled by dictators, for the express purpose of avoiding American taxes.
No wonder so many corporate executives are billionaires! If not for outsourcing and free trade, they would have to pay their fair share of taxes and end up mere millionaires!
by meow2u3 December 27, 2007
Get the Outsourcing mug.buddy: 'outsourcing again?'
he: 'yeah, she swallows...'
also,
buddy: 'outsourcing again?'
she: 'yeah, he has a car'
he: 'yeah, she swallows...'
also,
buddy: 'outsourcing again?'
she: 'yeah, he has a car'
by little-miss can't do wrong March 12, 2007
Get the outsourcing mug.by MotherofIT June 23, 2019
Get the Outsturgent mug.A thing Trators do all so thjey can make more money, Anybody who supports them is eith brain dead, or in league with them.
by Simon Hawthorne October 10, 2006
Get the Outsourcing mug.One or more individuals who magically find places for human resources concentrated in one geographic area (usually of a higher wage scale) to be replaced by alternative human or occasionally non-human resources in another geographic area and at significantly less cost overall.
When faced with rising labor costs, the CEO turned to his head of Human Resources and shouted, "I've had enough of paying too much for the same labor I can get for half the cost in Country-X, it's time we hired an outsorcerer"
by maidintheusa October 11, 2012
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