Vantaggi
Sometimes better than unemployment , sometimes its not.
Svantaggi
Low salaries
no raises
alot of layoff waves, then hiring, then layoffs, then hiring... etc
people are made to choose between lowering their salaries 25% or being laid off. the next month they hire more people.
no actual software projects
one team work their ashes, another got the money
one person controls the "near shore" office with their own agenda
the management intend to make the company look to lose money so that they avoid taxes and salary raises,
will sometimes hire someone for being someone's neighbor without even a job ad. usually due to religion alignment.