Wednesday, March 4, 2020

Cost cutting in the company

Our company decided that they should do some cost cutting to get a high profit margin. After spending a lot of money to do a research on how this can be done, they started asking a lot of people at the top level to leave.

We had some changes in a few of our accounts. Here is the story -

Day 1 - Associate A (a senior person from onsite) is asked to leave. He managed two to three accounts - X, Y, Z.
After one to two months - Associate B is hired from the market at a higher level than A. Am sure B's salary package is more than A.

After a couple of days - B understands that there is lot more work to do and she cannot handle everything by herself. So she gets C (who is almost at the same level as her) and then hires D from the market and sends out a note saying - C will manage account X and D will manage account Y.

After a few months - B hires E again from the market to manage a few small accounts including Z.

So now, instead of one person A managing three accounts, we have 4 people to manage these 3 accounts.

Then they finally realize that they are incurring a lot of costs and there is no improvement in account X. So they ask C to leave the company and keep the other three.

I was really good at mathematics in school. But it is so hard for me to understand how we had managed to cut the costs.

Cost of having A is less than cost of having B, C and D, isn't it?

Have people really lost their mind in this company?

My MV: R, shut your mouth. No one asked for your opinion. And will you stop writing all this in your blog. You are definitely going to be kicked out.

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