You need to cite some evidence to back up "regularly".
Google search for the auto industry or financial industry. Even if I cited references you shouldn't be reading them, this is slashdot.
If someone else can do my job cheaper than I can, to the same standard or better than I can - I deserve to lose my job - that's the free market people are always raving about, isn't it.
You have entirely failed to recognize the stupidity of our MBAs that are often in control of these jobs. The qualification for offshoring jobs is not 'cheaper, same/better standard or faster'. It is simply CHEAPER. These MBA types run companies into the ground regularly going for the cheapest alternative with no quality control or time requirements.
Now don't get me wrong, I don't assume those jobs offshore are always terrible either. They very well may be able to deliver on time, above/on spec, and much cheaper than American labor. From what I have seen - it is a crap shoot. Similar things can be said about American contractors as well though, but in America - you have the legal system and can sue the contractor out of existence if they screw you!
I'd rather just believe that it's done by little elves running around.