Offshoring is the practice of employers basing some of its operations overseas, so as to take advantage of lower costs. It typically involves employees being employed in those countries.
Offshoring is still all about cutting costs, but companies are discovering it can offer value in other ways. Nic Paton reports
Unions have pledged to resist the move, which will move some jobs to Scotland and others to India
Lloyds TSB is offshoring its finance and accounting operations to India, under a five-year, multi-million pound deal
The reasons that most organisations (86%) offshore business services have little to do with improving services and everything to do with cutting costs
Unions have condemned the decision by IT services company CSC to double the number of its employees in India while cutting UK jobs
Deutsche Bank has already boosted revenues by about £1.3bn through its ongoing two-year programme to offshore back-office jobs to India, according to press reports
Growth in demand for IT professionals has declined for the first time in two years, with indications that the jobs market may be feeling the impact of work moving offshore, research shows
BT technical support switch to India leads to 900 job cuts.
The attitude towards offshoring has changed dramatically in the past two years, according to the chief executive of Norwich Union's offshore operations
The number of UK financial services jobs outsourced to low-cost centres aboard is expected to soar to 180,000 by 2010.
The decision by Sainsbury's to scrap its £2.1bn, 10-year IT outsourcing contract with consultancy Accenture highlights the importance of "not leaping on the outsourcing bandwagon", according to experts
Unions have launched a legal challenge to defend their right to strike against employers attempting to relocate their operations elsewhere in the EU
Union to ensure insurer gives workers fair hearing by taking it to tribunal.
British Gas, which plans to transfer 2,000 jobs to India in a bid to save up to £30m pounds annually,...
A total of 81% of large UK companies plan to increase their offshore outsourcing over the next two to three years, according to new research
