Not really, until you have scale. It costs a lot of time/effort/money to maintain multiple offices. There is lots of waste as communications break down. You end up spending on flights/hotels just to get people on the same page. This is not to say it cannot be done, just that it takes more directed effort, which not all employees have or care for.
At larger scale, it makes a LOT of sense and is done regularly.
Some times, it can be a hiring DISadvantage, as candidates run away from jobs where they need to wake up in the early hours for a conference call and also need to jump on conference calls at 11pm.
I do this currently, we have a dev team in the Ukraine. It is worth it price-wise, but the cost not accounted for is my personal time, i'm often on conference calls during kids' bedtime story telling.
At larger scale, it makes a LOT of sense and is done regularly.
Some times, it can be a hiring DISadvantage, as candidates run away from jobs where they need to wake up in the early hours for a conference call and also need to jump on conference calls at 11pm.
I do this currently, we have a dev team in the Ukraine. It is worth it price-wise, but the cost not accounted for is my personal time, i'm often on conference calls during kids' bedtime story telling.