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to offshore

to offshore

1 4.7
Move a company's jobs to another country to save money
  • verb
  • /ˌɔfˈʃɔr/
translation icon : deslocalizar
  • The government is concerned about the impact of companies that offshore their operations.
  • offshore jobs

Examples

  • Wall Street benefited by encouraging companies in the rest of the country to offshore their production.

    Blog text (2)
  • We have government incentives for corporations to offshore jobs.

    Blog text (11)
  • And when everybody took production offshore, it closed down.

  • I'm waiting for the day they offshore management skills too.

    Blog text (32)
  • Companies that offshore too much could also suddenly find difficulties obtaining government contracts.

    Blog text (1)
  • My company has both offshore and inshore business; for every opportunity, they try to offshore, and they do succeed in doing so.

    Blog text (21)
  • A first step is to level the playing field by taxing corporations for the wage differential based on where they offshore labor or source their goods.

    Blog text (20)
  • The GSCC has helped create unemployment over the years, most notably when they ran those seminars back in the early '00s to advise local companies on the easiest and quickest way to lay off their local employees and offshore their jobs.

    Blog text (31)
  • Many companies choose to offshore their manufacturing to reduce costs.

  • To remain competitive, some firms will offshore jobs to countries with lower wages.

Synonyms

to nearshore
vsto offshore
  • Jargon
6.1

To move business services to a nearby country to save money

move them to a more distant country mainly to reduce costs

Antonyms

insourcing
  • Specialized
1 4.9

A company's use of its own employees instead of hiring outside contractors, often bringing work back from other firms

Compounds

offshore rig
  • Specialized
1 5.6

A large structure in the sea for drilling oil or gas from under the sea floor

offshore drilling rig
  • Specialized
6.3

Large platform at sea where workers get oil or gas from under the sea floor

How Offshore

to offshore
1 4.7
to nearshore
  • Jargon
6.1
onshore
  • Specialized
2 3.5

Surface Forms

offshore infinitive
offshored past
offshored past participle
offshoring present participle
offshores third person singular

Morphology

offshore = offshore (semi-transparent) = off + shore

The verb is a conversion from the adjective 'offshore'; the business sense is metaphorical and specialized, but still clearly linked to the idea of doing something away from the home shore.

Etymology

Offshore comes from off 'away' and shore 'land by the sea', and as a verb it pictures sending work or business 'away from your home shore' to other countries, often to save money.