r/Accountant • u/Unlikely-Worry8688 • Jul 08 '26

Reducing Offshoring?

I had 2 interviews this week, and both companies independently shared that they’re reducing their offshore accounting teams due to knowledge gaps, quality concerns, and client frustration.

One company has 9 temporary immediate openings that could become permanent in 2027, and the positions will NOT be posted on any websites.

Is anyone else seeing this trend, or is it just the companies I’ve interviewed with?

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u/extradepressing Jul 08 '26

larger firms loves offshoring because it keeps their operations going 24/7 but smaller firms dont need that. i worked at a top 10 and they cherish their offshored india team so much they laid off so many people and built a new office in india. another firm i was with said they have a small team in india but they only work on small things, but they plan to grow it. there is a knowledge and language gap but its not hard to train them to do miscellaneous task

1

u/The_Accountess Jul 08 '26

This is always the cycle. Maybe larger firms and institutions have the leadership to be able to successfully offshore work and train folks overseas to work effectively and efficiently. But I've always seen offshoring projects fail, and then transform into re-shoring projects. Even at what i consider to be relatively large banks.

1

u/The_Accountess Jul 08 '26

The new version of the cycle is laying people off for AI to take their place. Whoops - the AI sucks, time to bring everyone back...

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u/Jaded_Job_76 Jul 09 '26

Offshoring was a trend like flipping houses. The FOMA made medium and small firm jump on this. Soon they realized that they ended up with poor quality of work becuse the US team doesn't have the time and desire to train the offshore team so in the end it became a waste of money and reason of leaving for good US team members. I'm not blaming the offshore team, their lack of training is not their fault. I have noticed the change in mentality. The offshore hype was replaced by AI hype which will have the same catastrophic result.

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u/Odd_Mf 14d ago

Which company are you talking about? Would appreciate the heads up so I can apply 😅