Offshoring in Europe leads to job losses in high-tech industries.
The article examines how offshoring affects employment in five European countries. Different types of offshoring and industries have varied impacts on jobs. Offshoring in high-tech industries mainly affects highly skilled workers, while in low-tech industries, it impacts manual workers. Offshoring is driven by a desire to reduce costs, especially in manufacturing. The study shows that offshoring can lead to job losses, particularly for less qualified or routine jobs.