Over the past twenty years or more, corporations in nearly all industries have been outsourcing and offshoring at hyperdrive.
Venture capitalist firms, public shareholders, various types of financial firms, and corporate executives are driven by the temptation of reducing labor expenses, so they’re delegating accountability and responsibility to foreign parties. Often the money saved by offshoring simply goes back into the pocketbooks of executives. They also often get bonuses, sometimes in seven or eight figures, to reduce as much domestic labor as possible.
