Usually 5 - 10 years later the industry will cry because of lacking competence and being left behind by new companies from nations that can produce cheaper and themselves.
It turns out there is little value in management alone. It will be cut loose like the rest. Perhaps these companies can become patent trolls.
Also they have a very hard time to find new talent since word gets around. Sometimes it works for industries like textile, but not always, and it doesn't work for engineering.
It mostly works for low budget or high volume products. It is still a bad long term strategy. Still, outsourcing didn't just start yesterday.
It turns out there is little value in management alone. It will be cut loose like the rest. Perhaps these companies can become patent trolls.
Also they have a very hard time to find new talent since word gets around. Sometimes it works for industries like textile, but not always, and it doesn't work for engineering.
It mostly works for low budget or high volume products. It is still a bad long term strategy. Still, outsourcing didn't just start yesterday.