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 hasn’t been good for much-maligned middle managers. If you’ve got direct reports, you should probably be looking over your shoulder.
“It’s always been a joke with my peers that middle management is the most dangerous position to be in,” said Cody Sandell, who lost his job late last year as a director of product management at a fintech startup.
Middle managers — defined as non-executives who oversee employees — made up almost a third of layoffs, up from 20% in 2018, according to an analysis by Live Data Technologies for Bloomberg News. […]
“I definitely focused on talking more about the work,” she said.
But in the end, that still wasn’t enough.
Read more here.
