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It's not offshoring as much as people think. If you look at statistics for typical IT offshoring and near shoring markets like India, Poland, Romania, Bulgaria

by belter 1y ago

It's not offshoring as much as people think. If you look at statistics for typical IT offshoring and near shoring markets like India, Poland, Romania, Bulgaria they have been in crisis since 2022. Only to show a slight rebound in Q1 of 2025.

labadal 1y ago
Can you point me towards some stats for these please? Are you looking at consultancy type companies or subsidiaries that hire locally?
- belter 1y ago
  Here are some data points specific on IT. Back from 2023 until more recently, although as I said there is an uptick for 2025. For general statistics I like: https://tradingeconomics.com/ https://tradingeconomics.com/ "India's outsourcing giants cut hiring; disheartening for economy, students" - https://www.reuters.com/world/india/indias-outsourcing-giants-cut-hiring-disheartening-economy-students-2023-06-12/ https://www.reuters.com/world/india/indias-outsourcing-giant... "India's IT services companies to report subdued growth during 4QFY25" https://economictimes.indiatimes.com/tech/information-tech/indias-it-services-companies-to-report-subdued-growth-during-4qfy25-report/articleshow/120005560.cms https://economictimes.indiatimes.com/tech/information-tech/i... Poland: "..The sector's share of Polish GDP and the value of exports per employee increased significantly despite the fact that at the same time the growth rate of employment slowed down. And while these changes were anticipated, this is a new situation. Until now, all three indicators have been correlated quite strongly.." - https://absl.pl/en/news/p/new-phase-growth-modern-business-services-sector-productivity-growth https://absl.pl/en/news/p/new-phase-growth-modern-business-s... Romania: "Romania’s tech sector faces headwinds as global IT slows" - https://news.outsourceaccelerator.com/romania-tech-sector-headwinds/ https://news.outsourceaccelerator.com/romania-tech-sector-he... Bulgaria: "Bulgarian IT Sector Is Facing a Turbulent Period" - https://scoolmedia.com/en/bulgarian-it-sector-is-facing-a-turbulent-period/ https://scoolmedia.com/en/bulgarian-it-sector-is-facing-a-tu...
  - labadal 1y ago
    This was above and beyond, thank you.
kreig 1y ago
On the other hand, here in Latin America, the offshore/nearshore jobs have been increasing in the last couple of years. Source: LinkedIn spam, and a couple of past jobs I've worked have been for nearshore companies.

by belter 1y ago

labadal 1y ago

Can you point me towards some stats for these please? Are you looking at consultancy type companies or subsidiaries that hire locally?

belter 1y ago
Here are some data points specific on IT. Back from 2023 until more recently, although as I said there is an uptick for 2025. For general statistics I like: https://tradingeconomics.com/ https://tradingeconomics.com/ "India's outsourcing giants cut hiring; disheartening for economy, students" - https://www.reuters.com/world/india/indias-outsourcing-giants-cut-hiring-disheartening-economy-students-2023-06-12/ https://www.reuters.com/world/india/indias-outsourcing-giant... "India's IT services companies to report subdued growth during 4QFY25" https://economictimes.indiatimes.com/tech/information-tech/indias-it-services-companies-to-report-subdued-growth-during-4qfy25-report/articleshow/120005560.cms https://economictimes.indiatimes.com/tech/information-tech/i... Poland: "..The sector's share of Polish GDP and the value of exports per employee increased significantly despite the fact that at the same time the growth rate of employment slowed down. And while these changes were anticipated, this is a new situation. Until now, all three indicators have been correlated quite strongly.." - https://absl.pl/en/news/p/new-phase-growth-modern-business-services-sector-productivity-growth https://absl.pl/en/news/p/new-phase-growth-modern-business-s... Romania: "Romania’s tech sector faces headwinds as global IT slows" - https://news.outsourceaccelerator.com/romania-tech-sector-headwinds/ https://news.outsourceaccelerator.com/romania-tech-sector-he... Bulgaria: "Bulgarian IT Sector Is Facing a Turbulent Period" - https://scoolmedia.com/en/bulgarian-it-sector-is-facing-a-turbulent-period/ https://scoolmedia.com/en/bulgarian-it-sector-is-facing-a-tu...
- labadal 1y ago
  This was above and beyond, thank you.

kreig 1y ago

On the other hand, here in Latin America, the offshore/nearshore jobs have been increasing in the last couple of years. Source: LinkedIn spam, and a couple of past jobs I've worked have been for nearshore companies.