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The Conversation
The Conversation
Wen Helena Li, Senior Lecturer, UTS Business School, University of Technology Sydney

Australia risks losing its ‘corporate brain’ if more high-value jobs keep being sent offshore

This year, some of Australia’s biggest and best known companies – Telstra, National Australia Bank (NAB), Officeworks and Woolworths – have decided to cut jobs locally, while creating more overseas. Those will mainly be in India, the Philippines and Vietnam.

Sending jobs offshore – also known as “offshoring” – is not new. For decades, companies have shifted call centres, routine processing and back office work offshore.

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