When a company hires people in another country To do work for them is called?

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2026-07-24 00:25

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When a company hires people in Another Country to do work for them, it is called "offshoring." This practice often involves relocating certain business functions or processes to reduce costs, access specialized skills, or expand into new markets. Companies may engage in offshoring by establishing subsidiaries or outsourcing jobs to third-party firms in the target country.

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