Horizontal bar chart showing the change in headcount by country for employees outside the US at US-headquartered multinationals from 2019 to 2024. Pakistan leads at 78.5% growth, followed by India (62.6%), Philippines (33.3%), Spain (33.2%), Brazil (32.0%), Germany (28.1%), Mexico (27.9%), Canada (25.7%), United Kingdom (23.8%), and Australia (19.0%).
The race to save costs is pushing skilled jobs abroad
Figure 5.Horizontal bar chart showing the change in headcount by country for employees outside the US at US-headquartered multinationals from 2019 to 2024. Pakistan leads at 78.5% growth, followed by India (62.6%), Philippines (33.3%), Spain (33.2%), Brazil (32.0%), Germany (28.1%), Mexico (27.9%), Canada (25.7%), United Kingdom (23.8%), and Australia (19.0%). Source: Revelio Labs, February 2025
title="Horizontal bar chart showing the change in headcount by country for employees outside the US at US-headquartered multinationals from 2019 to 2024. Pakistan leads at 78.5% growth, followed by India (62.6%), Philippines (33.3%), Spain (33.2%), Brazil (32.0%), Germany (28.1%), Mexico (27.9%), Canada (25.7%), United Kingdom (23.8%), and Australia (19.0%)."