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Employment

Poll Explores Offshoring Gains

American companies that shift operations overseas to reap the benefits of lower labor costs are mortgaging their future according to Light Reading's December Work Poll on the topic of offshoring.

So far, 234 people have taken the poll and 74 percent of them say offshoring benefits U.S. companies in the short term. However, 48 percent of respondents think it won't benefit them in the long run, and 54 percent think it will also be bad for the U.S. economy generally.

One reason for this appears to be that offshoring will cultivate tougher foreign competition for U.S. companies. 61 percent of respondents think it will train a new wave of innovators (see China's in the Chips and Headcount: Offshoring, Dude!).

The trend towards offshoring will accelerate according to 58 percent of respondents and will continue at a steady pace according to a further 30 percent. Only 12 percent believe that offshoring will lose it appeal as the U.S. economy recovers.

Take the poll yourself and see the latest results in detail by clicking here.

— Peter Heywood, Founding Editor, Light Reading

rainbowarrior 12/4/2012 | 11:09:55 PM
re: Poll Explores Offshoring Gains LR,

How about interviewing some economists or business leaders about this? These polls you take are in no way scientific ( self-selected population, no control over population size, etc.)

The message boards are interesting but they generate more heat than light.

I'd like to see what experts think about transfering knowledge-based industries to other countries.
lighten up!! 12/4/2012 | 11:09:53 PM
re: Poll Explores Offshoring Gains Look mostly everyone knows that this is a dangerous trend and if left unchecked will completely deplete jobs in the U.S. There is nothing to stop sucking practically every job overseas given the lower labor rates. Today, it's IT and Engineering, tomorrow it'll be the rest. It's high time that we collectively send a message to the executives of corporate America that we will not sit here dumbfounded while they destroy the livelihoods of millions of American workers just so that they can retain their fat paychecks. People are fed of getting screwed by these scumbags and it's time we throw these bums out and run these companies from the grounds up.
neomeso 12/4/2012 | 11:09:51 PM
re: Poll Explores Offshoring Gains Technologists have identified the fat-cat "keeping up appearances" CEOs with their short-term solutions that look like the stupidist ideas less than a quarter of a year later. Perhaps it is time to form some new companies eliminating the use of VC money and the stock market. There are winning companies out there that that do so, and are good employers. Look at Thorlabs for example. A company built up from a one page catalog to a catalog the size of a phone book, international divisions for product development, and product diversification, yet committed to optics. Surprise, surpirse, "get rich quick" seems not to have been part of the agenda. Hence, don't support a company that does offshoring. Quit, and support a company with your labor that is committed to your industry and commercial approach.
opticalchum 12/4/2012 | 11:09:47 PM
re: Poll Explores Offshoring Gains Took a poll at the office. Four people responded and 100% believe this to be the single worst online article ever published ... anywhere! 50% of those polled will be "outsourced".
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