Offshoring Table of Contents Introduction 2 Discussion 2 Why Are Companies Offshoring and Where Are They Offshoring To? 3 Jobs Lost and Estimated Jobs That Will Be Lost 3 Common Mistakes Companies Make When Offshoring 4 HRs Role In Offshoring 4 Summary 5 References 6 Introduction The subject of this paper is offshoring. Offshoring and outsourcing are often referred to in similar terms, they are both ways for a company to contain costs. Yet, they are not the same. Outsourcing is when a company hires another company to perform work that used to be done in-house (Bednarzik, 2005). Offshoring is the controversial practice of sending jobs overseas where the cost of labor is cheaper (Bohlander & Snell, 2007). Discussion The following sections provide information on offshoring and why companies are offshoring. Also, included will be information on the number of jobs lost and ......

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