The Importance Of Offshore Outsourcing

384 Words2 Pages
Companies in America have been “offshore outsourcing” for decades. The main reason for outsourcing is companies want to lower their operational and labor cost. In 1990 large corporations employed 4.4 million and 2.7 million abroad. This changed in in 2000s when corporations cut 2.9 million, while increasing 2.7 million abroad. Large corporations such as General Electric Co., Caterpillar Inc., Microsoft Corp., and Wal-Mart Stores Inc. are just some of the companies that ship jobs overseas. Even though this business process is successful in lowering operational and labor cost it has a great impact toward America’s economy. Corporations want to make an extra dollar so they would shut down a plant because of labor cost and move to Mexico or China,