Currently I'm now contracted to this company that just went thru a big revamp one week before I started my work. The studio manager was axed suddenly and without reason nor notice. And that was the first week that the new CEO came in from India parent company.
2nd time he came, he came to axe another programmer. Whom I really liked and just had a beautiful baby girl borned in India just one week ago. Whilst wishing for my own contract to be changed to permanent job, I started to think about the Diamond Cutter theory. I remember it says very clearly that when a company start to cut down on welfare and etc, which is expected to help the company financially, but in fact, the company will be much worse off then before. Now I really see this with my own eyes. This is the perfect example, unfolding right before my eyes.
This team that I'm currently working with is an amazing team. They have the best people, and a perfect conducive learning environment. Even when I was lazy and lack of motivation in my last job, here, in this company, I saw myself stretched forward and taking things on my own and further then I have honestly ever tried to. And it's easy here to do so, because there are so many great people with talent here.
But when the new CEO started to come in and axe people, the entire atmosphere of the company changed. Initially people stayed till really late, working overtime without complaining, taking full pride in their own work. But the second time the boss came in to axe another staff, the entire staff started to panic, and actually start looking out for jobs right away. It's really irony, because, this is one team that I would say, could have the ability to make anything happen. So strong was this team that I never saw it before. It's a self-sustaining team that's so hard to come by.
So the Diamond Cutter theory IS correct. Once the company cuts thread benefits, down the company goes. Now no one really even have the mood to do late nights anymore. So theorically, we have actually become MORE expensive to hire.
Strange isn't it?
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