A definition of outsourcing is to
contract work to a third party, often overseas. However, I'm looking for a word that would describe "moving jobs within our company to a third-world nation such as India". Here's an example of a sentence describing the situation:
"We are looking to save money and can find much cheaper labor in India than we can in the USA. Because of this, we will be laying off 100 employees in our US office, opening a second office in India, and hiring 100 employees there."
Because the work is still being done within our company (and not a third party) I feel like the term outsourcing would not be correct for this. Is there another definition of outsourcing that would include the above situation? Or, is there a better word to describe this?