far-offsharing
nounUK /ˌfɑːr ˈɒfʃeərɪŋ/
US /ˌfɑːr ˈɔːfʃerɪŋ/
Sending work to a company in a country that is very far away.
The toy company saved money through far-offsharing, hiring a factory on another continent.
OTHER MEANINGS
2. The practice of moving a whole business department to a distant foreign country.
Far-offsharing of the call center cut costs but upset some customers.
3. A strategy of hiring workers in remote lands to do tasks once done at home.
Their far-offsharing plan sent software testing to a team halfway around the world.
4. The shift of production to faraway places to take advantage of cheaper wages.
Cheap labor abroad made far-offsharing attractive to clothing makers.