American Companies Are Offshoring High-Paying, Remote-Friendly Jobs

Line chart showing the share of workers outside the US at US-headquartered multinationals from 2017 to 2024, rising steadily from about 27.3% in 2017 to just over 30% by 2024, with growth slowing after mid-2022.

The race to save costs is pushing skilled jobs abroad

Line chart showing the share of workers outside the US at US-headquartered multinationals from 2017 to 2024, rising steadily from about 27.3% in 2017 to just over 30% by 2024, with growth slowing after mid-2022. Source: Revelio Labs.
Figure 1. Line chart showing the share of workers outside the US at US-headquartered multinationals from 2017 to 2024, rising steadily from about 27.3% in 2017 to just over 30% by 2024, with growth slowing after mid-2022. Source: Revelio Labs, February 2025

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