> If my job could be outsourced, it would’ve been ten years ago when I first joined the workforce as a remote employee
The difference this time is that we are heading for a recession. Company leadership doesn't want to take the risk of outsourcing while times are good and profits are doubling each year. But when the stock price is in freefall and they are under pressure to cut costs, then the risk/reward of outsourcing looks more attractive.
We haven't had a recession since '08, and the landscape is very different now. Remote work tech was in its infancy back then - Zoom, Slack, Google Drive weren't even created yet. Plus India and China (and others) have developed further and starting pumping out 100s of thousands of CS grads each year that didn't exist in '08.
I think we're about to see a big wave of outsourcing over the next few years. And if companies are smart about it (e.g. do it slowly to allow knowledge transfer and compete for top talent, not bottom of the barrel) then it will be successful.
The difference this time is that we are heading for a recession. Company leadership doesn't want to take the risk of outsourcing while times are good and profits are doubling each year. But when the stock price is in freefall and they are under pressure to cut costs, then the risk/reward of outsourcing looks more attractive.
We haven't had a recession since '08, and the landscape is very different now. Remote work tech was in its infancy back then - Zoom, Slack, Google Drive weren't even created yet. Plus India and China (and others) have developed further and starting pumping out 100s of thousands of CS grads each year that didn't exist in '08.
I think we're about to see a big wave of outsourcing over the next few years. And if companies are smart about it (e.g. do it slowly to allow knowledge transfer and compete for top talent, not bottom of the barrel) then it will be successful.