in brief Enterprise asset management specialist Mincom has made some of its Australian and North American employees redundant in a realignment to its managed services division.
Less than 2 per cent of the Australian and North American workforce had been shown the door, according to a spokesperson for the company, who declined to specify numbers. The company has 1200 employees in 13 countries.
Australian Mincom employees had already been hit in April this year when 50 roles were cut, but the spokesperson insisted that Mincom would continue to maintain the "great majority" of its technical resources at the corporate headquarters in Brisbane.
While Australian and North American staffing levels took falls, the company has hired people in Malaysia, the spokesperson said, creating over 50 new jobs. The move to an in-house office in Malaysia followed the decision to stop outsourcing over 100 roles to a third party in India due to employee churn. The work outsourced to the external providers in India was transferred to the Malaysian office.
This has been a Mincom strategy ever since I started with this company. Shed staff to save costs instead of invest in staff and R&D to shore up the company and its products. They will spend millions on the cosmetics of the products but the core is 35 year old COBOL that is no more innovative than the day it was first written. It was exceptional back then but who drives a horse and buggy these days? Why is this so? Management will blame the staff before they will take accountability for their own mismanagement. Utter lack of corporate direction and obscure strategy changed as often as the executive underwear has left this technology dinosaur floundering. Now they have to try and train the Malaysian offshores how to maintain ancient code and technology spaghetti with people who lack the depth of knowledge that walked out of the building with redundency cheques and smiles. When long standing managers are disappointed that they weren't among the annointed many who got made redundant says volumes for the state of staff morale.