How Tech Companies Are Outsourcing Tech Jobs

How Tech Companies Are Outsourcing Tech Jobs

In 2024, approximately 3.4 million tech jobs were outsourced, primarily to countries like India, the Philippines, and China, where lower labor and operational costs drive companies to relocate jobs. The U.S. tech sector faces job insecurity, with nearly 30% of workers fearing their positions may be outsourced.

India leads the global outsourcing market, accounting for 55% of it, with over 4 million tech professionals. While 64% of U.S. tech firms plan to continue outsourcing, automation and geopolitical tensions may reduce outsourcing demand in the future, potentially bringing some jobs back to the U.S. through technology-driven solutions.

CHAPTERS:
0:00 Tech Outsourcing Trends
1:15 Global Outsourcing Market
2:30 The Rise of Offshore Development
3:45 Cost Reduction Strategies in the Tech Industry
4:10 Key Outsourcing Destinations: India, Philippines, China
5:00 The Impact on the U.S. Tech Job Market
5:45 Future of Tech Jobs
6:20 Benefits and Challenges of Tech Job Outsourcing
6:55 Tech Companies' Outsourcing Strategies
7:35 Outsourcing's Long-Term Effects on the Tech Industry


Produced by: Samantha Harvey
Edited by: Jacob Smith
Animation: Charlotte Brown
Additional Footage: Getty Images

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