--- title: "Meaning & Key Takeaway of: There are companies that are cutting…" description: "\"There are companies that are cutting their costs by over 50% by offshoring.\" — Sanjay Kumar" image: "https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg" --- # There are companies that are cutting their costs by over… ![“There are companies that are cutting their costs by over 50% by offshoring.” quote by Sanjay Kumar](https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg) [Download](https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg) [Open image](https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg) > “There are companies that are cutting their costs by over 50% by offshoring.” [Sanjay Kumar](https://sms4smile.com/quotes/author/sanjay-kumar/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Offshoring can cut costs dramatically, but may involve trade‑offs. **In simple terms:** Offshoring reduces costs heavily. Key Takeaway Weigh cost savings against other impacts. Themes cost reduction offshoring trade‑offs Mood analytical cautious Type business strategic When to use this quote - budget planning - strategic sourcing - risk assessment Key Concepts economics globalization Questions to Reflect On - What are the long‑term effects of offshoring? - How to mitigate hidden risks? A Different Perspective Savings may hide hidden costs like quality loss. ★ ★ ★ ★ ★ No ratings yet [Companies](https://sms4smile.com/quotes/about/companies/) [Costs](https://sms4smile.com/quotes/about/costs/) ## Related quotes > [Can we please agree that in the real world, corporations exist for one purpose and one purpose only - to make as much money…](https://sms4smile.com/quotes/robert-reich/can-we-please-agree-that-in-the-real-world-corporations-exist-for-one/) [Robert Reich](https://sms4smile.com/quotes/author/robert-reich/) > [As long as we are one of the most expensive countries to produce in, we should focus on cutting costs that directly and indirectly…](https://sms4smile.com/quotes/erna-solberg/as-long-as-we-are-one-of-the-most-expensive-countries-to-produce-in/) [Erna Solberg](https://sms4smile.com/quotes/author/erna-solberg/) > [We've got to do our part to keep cutting costs for homeowners and help them maintain and stay in their homes.](https://sms4smile.com/quotes/josh-shapiro/we-ve-got-to-do-our-part-to-keep-cutting-costs-for-homeowners-and/) [Josh Shapiro](https://sms4smile.com/quotes/author/josh-shapiro/) > [When it costs $50 to fill up our gas tanks, it impacts every aspect of our daily lives and the community.](https://sms4smile.com/quotes/tim-murphy/when-it-costs-50-to-fill-up-our-gas-tanks-it-impacts-every-aspect-of/) [Tim Murphy](https://sms4smile.com/quotes/author/tim-murphy/) > [Midget wrestling on channel 3, it costs me 50 bucks a month.](https://sms4smile.com/quotes/anonymous/midget-wrestling-on-channel-3-it-costs-me-50-bucks-a-month/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Keeping a guy in prison costs 50,000 bucks a year. Executing one costs a couple million.](https://sms4smile.com/quotes/john-grisham/keeping-a-guy-in-prison-costs-50-000-bucks-a-year-executing-one-costs/) [John Grisham](https://sms4smile.com/quotes/author/john-grisham/) > [As I've traveled across Pennsylvania, I've heard from so many homeowners who are struggling with the burden of high property taxes - and that's…](https://sms4smile.com/quotes/josh-shapiro/as-i-ve-traveled-across-pennsylvania-i-ve-heard-from-so-many/) [Josh Shapiro](https://sms4smile.com/quotes/author/josh-shapiro/) > [You seldom improve quality by cutting costs, but you can often cut costs by improving quality.](https://sms4smile.com/quotes/karl-albrecht/you-seldom-improve-quality-by-cutting-costs-but-you-can-often-cut/) [Karl Albrecht](https://sms4smile.com/quotes/author/karl-albrecht/) > [Drug companies say they need to charge ever-higher prices to cover their research costs, but they spend far less on research and development than…](https://sms4smile.com/quotes/marcia-angell/drug-companies-say-they-need-to-charge-ever-higher-prices-to-cover/) [Marcia Angell](https://sms4smile.com/quotes/author/marcia-angell/) > [Pharmaceutical companies have invested hundreds of millions of dollars in new HIV/AIDS treatments not out of altruism but because they can make up those…](https://sms4smile.com/quotes/david-mixner/pharmaceutical-companies-have-invested-hundreds-of-millions-of/) [David Mixner](https://sms4smile.com/quotes/author/david-mixner/) > [Most companies can survive even if their debt ratings are lowered below investment grade, although they will have higher borrowing costs.](https://sms4smile.com/quotes/alex-berenson/most-companies-can-survive-even-if-their-debt-ratings-are-lowered/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Everybody says they want to have private providers and we're saying fine. 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I'm very comfortable in sharing the limelight with the team.](https://sms4smile.com/quotes/sanjay-kumar/i-m-very-comfortable-in-having-a-strong-team-i-m-very-comfortable-in/) [Sanjay Kumar](https://sms4smile.com/quotes/author/sanjay-kumar/) > [And I'm comfortable being who I am, so I think a lot of people who take over from a founder worry about how they…](https://sms4smile.com/quotes/sanjay-kumar/and-i-m-comfortable-being-who-i-am-so-i-think-a-lot-of-people-who/) [Sanjay Kumar](https://sms4smile.com/quotes/author/sanjay-kumar/) [Explore all 32 Sanjay Kumar quotes ](https://sms4smile.com/quotes/author/sanjay-kumar/) ## More Companies quotes > [One of the Internet's highest-profile companies, Priceline once dreamed of transforming the way consumer goods are bought and sold by offering customers the chance…](https://sms4smile.com/quotes/alex-berenson/one-of-the-internet-s-highest-profile-companies-priceline-once/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Companies are bought for their revenue, customer base, technology, or people. 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However, I cannot now pay those loans which are due, following…](https://sms4smile.com/quotes/sean-quinn/the-vast-majority-of-debt-that-anglo-maintains-is-owed-is-strenuously/) [Sean Quinn](https://sms4smile.com/quotes/author/sean-quinn/) > [“FINAO. My word for my companies. Failure Is Not An Option.”](https://sms4smile.com/quotes/ziad-k-abdelnour/finao-my-word-for-my-companies-failure-is-not-an-option/) [Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/) > [In general, drug companies are reasonably good at developing new treatments, and there's also a lot of good in the industry.](https://sms4smile.com/quotes/ben-goldacre/in-general-drug-companies-are-reasonably-good-at-developing-new/) [Ben Goldacre](https://sms4smile.com/quotes/author/ben-goldacre/) > [The companies that are the most influential and most successful are the ones that care about impact and the influence they have on the…](https://sms4smile.com/quotes/paul-buchheit/the-companies-that-are-the-most-influential-and-most-successful-are/) [Paul Buchheit](https://sms4smile.com/quotes/author/paul-buchheit/) > [Remember: there are no MVPs on a losing team. You will always be a part of some team. Families are teams. Companies are teams.…](https://sms4smile.com/quotes/brad-d-smith/remember-there-are-no-mvps-on-a-losing-team-you-will-always-be-a-part/) [Brad D. Smith](https://sms4smile.com/quotes/author/brad-d-smith/) > [It's no surprise companies that quickly grow in value attract those who may want to also profit from the hard work of others.](https://sms4smile.com/quotes/evan-spiegel/it-s-no-surprise-companies-that-quickly-grow-in-value-attract-those/) [Evan Spiegel](https://sms4smile.com/quotes/author/evan-spiegel/) > [Alternative services would mean that there would be services available to compete with Google, Facebook, Amazon, Dropbox, Skype, etc., and they would be run…](https://sms4smile.com/quotes/mikko-hypponen/alternative-services-would-mean-that-there-would-be-services/) [Mikko Hypponen](https://sms4smile.com/quotes/author/mikko-hypponen/) [Browse all 981 Companies quotes ](https://sms4smile.com/quotes/about/companies/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There are companies that are cutting their costs by over 50% by offshoring.", "creator": { "@type": "Person", "name": "Sanjay Kumar" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/sanjay-kumar/there-are-companies-that-are-cutting-their-costs-by-over-50-by/", "about": { "@type": "Thing", "name": "Companies" }, "@id": "https://sms4smile.com/quotes/sanjay-kumar/there-are-companies-that-are-cutting-their-costs-by-over-50-by/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg", "url": "https://sms4smile.com/quotes/i/ac9/sanjay-kumar-19577_companies_there-are-companies-that-are-cutting-the_1814833.jpg", "width": 1080, "height": 1080, "caption": "“There are companies that are cutting their costs by over 50% by offshoring.” — Sanjay Kumar", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Sanjay Kumar", "item": "https://sms4smile.com/quotes/author/sanjay-kumar/" }, { "@type": "ListItem", "position": 4, "name": "There are companies that are cutting...", "item": "https://sms4smile.com/quotes/sanjay-kumar/there-are-companies-that-are-cutting-their-costs-by-over-50-by/" } ], "@id": "https://sms4smile.com/quotes/sanjay-kumar/there-are-companies-that-are-cutting-their-costs-by-over-50-by/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```