I've been at a Fortune 50 firm that thought they could do this. They went through two rounds of offshore firms, got burnt each time (large contractors delivered nothing, L1 workers cycled through every 4 months as they job hopped, etc., slick talkers did the sales and left the company holding a bag full of barely-legible-English workers actually trying to deliver the promised work)

After two cycles, they started treating their local employees well. This was a big firm with much momentum. A small firm could be ruined by this. Sometimes the firm just needs to see the grass isnt necessarily greener on the other side. I got paid well and my business counterparts always know that when I said 3mo, I meant 3mo.