I've never been hit by offshoring but I have been on the other end of it. When I lived in a relatively affordable-workforce central European country we once had to do a knowledge transfer from our Canadian office which all got laid off.
We took all their work, the whole experience was bittersweet, some of the folks there took it well others less so. But I can say that the project itself was reaching a stagnating phase where not much new work needed to be done, and we were mostly doing maintenance/bug fixing. The company itself wasn't doing anything innovative either and there wasn't leadership to put the Canadian guys skills to good use.
Eventually most of those guys were hired by Intel and all got to work on exciting new technology that none of us were qualified to do.
I think this is more or less okay when it happens, if a company does massive layoffs I take it more as a sign that they are not producing much anymore. And when many companies fire tens of thousands of people all at once I basically take it as a sign that the tech sector as a whole is taking a big downturn. Maybe things will improve when we finally stumble upon some tech that needs developing that has a great potential to be profitable and takes a lot of people to develop.
We took all their work, the whole experience was bittersweet, some of the folks there took it well others less so. But I can say that the project itself was reaching a stagnating phase where not much new work needed to be done, and we were mostly doing maintenance/bug fixing. The company itself wasn't doing anything innovative either and there wasn't leadership to put the Canadian guys skills to good use.
Eventually most of those guys were hired by Intel and all got to work on exciting new technology that none of us were qualified to do.
I think this is more or less okay when it happens, if a company does massive layoffs I take it more as a sign that they are not producing much anymore. And when many companies fire tens of thousands of people all at once I basically take it as a sign that the tech sector as a whole is taking a big downturn. Maybe things will improve when we finally stumble upon some tech that needs developing that has a great potential to be profitable and takes a lot of people to develop.