outsourcing
When a company hires another company to do some aspect of its
work for it.Examples of this include (but are not limited to):* Stores using another companies cleaning services for cleaning its floors etc (rather then having employees of their own hired as full time cleaners).* An ISP using a third party for its e-mail services rather then using servers of their own.* A company in need of
call centre services using a third person company rather then building a call centre of its own.Companies often
outsource to save money. However, it's also possible they want to concentrate on their main service and allow another company to worry about secondary ones (ie, companies whose main service are those secondary ones).
Outsourcing unfortunatly costs jobs domestically when companies outsource overseas. This is why people dislike it so much.
outsourcing
by sarcastic on Mar 30, 2004 06:00:45
An easy method for corporations to maximize their profits and avoid the unions at the same time. Basically, it involves moving one's business to another part of the world where people will willingly under
slavelike conditions and for
1/10 the pay of a Poverty-Class American worker.
See
outsource and globalization for more definitions.
Example:
Outsourcing is creating a major economic boom, but
piss-poor levels of domestic job growth because the Third World has all the employees the corporations need.
Oh, and the executives are
pocketing the profits too.
outsourcing
by little-miss can't do wrong on Mar 11, 2007 01:18:36
Example:
buddy: 'outsourcing again?'
he: 'yeah, she
swallows...'
also,
buddy: 'outsourcing again?'
she: 'yeah, he has a car'
outsourcing
by Billy on Oct 28, 2004 04:43:27
The natural result of governments and
unions making it too
expensive for a company to employ workers
in it's country of origin.
outsourcing
by Viast on Apr 14, 2015 21:40:28
Outsourcing
by meow2u3 on Nov 28, 2007 03:58:04
Example:
No wonder so many corporate executives are billionaires! If not for
outsourcing and
free trade, they would have to pay their fair share of taxes and end up mere
millionaires!
outsource
by Noah Webster, Jr. on Feb 18, 2005 04:39:36
verb: to make profit by screwing your employees, your customers, and your country while at the same time lowering the quality of the work performed. Highly
touted and promoted in
articles by
authors with Indian surnames.
Example:
When she called the
unemployment office to
inquire about her benefits she was
outraged to discover she was speaking to someone in India. The American job had been outsourced.
outsource
by PG on Feb 29, 2004 02:16:38
The word "President"
Bush uses to describe you getting your ass
canned at work so that your job can go
overseas.
outsource
by Spirit Bear on Oct 29, 2004 03:18:40
The process of hiring a
call center to perform customer service and/or
technical support, or other support tasks, obstensibly because it is cheaper than having an in-house support team. Companies also outsource to preserve their reputation, as they can use
the hand of god to fire any call center employee who isn't performing in line with their vision without anyone knowing; can hire and fire employees en mass with no regrets.
Example:
My job at Foo
Inc was outsourced, so I went to work for the company they outsourced to at greatly
reduced pay.
Outsource
by Lennie Mahler killer on Aug 06, 2012 04:44:53