Jo Constantz of Bloomberg reports that among white-collar workers, middle manager job cuts have risen to more than 30% of laid-off employees as companies such as Meta preach a culture of efficiency. She writes:
The latest corporate buzzword is efficiency, and that hasnโt been good for much-maligned middle managers. If youโve got direct reports, you should probably be looking over your shoulder.
โItโs always been a joke with my peers that middle management is the most dangerous position to be in,โ said Cody Sandell, who lost his job late last year as a director of product management at a fintech startup.
Middle managers โ defined as non-executives who oversee employees โ made up almost a third of layoffs, up from 20% in 2018, according to an analysis by Live Data Technologies for Bloomberg News. […]
โI definitely focused on talking more about the work,โ she said.
But in the end, that still wasnโt enough.
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