ABSTRACT

This chapter examines the prevalence of downsizings and resignations in Shenzhen’s start-ups. I focus on the contradictory accounts of entrepreneurs and employees when rationalising the reasons for start-ups downsizing and workforce resignations. Although transforming into a start-up wolf is often understood as a prerequisite for personal growth and career advancement in Shenzhen, this research reveals a new development in Shenzhen´s high-tech industry. I explain that an ideal self is no longer the homogeneous striving individual – the wolf who aims for economic privilege. Many have decided to return to their hometown to embrace a more stable and relaxed lifestyle than what Shenzhen’s start-ups could offer, and thus, or become an after-wolf. Such diversity in their decision-making process and moral reorganisation reflects China’s ongoing process of individualisation.