Middle managers in sectors like Big Tech and retail are experiencing layoffs as companies like Walmart and others implement 'The Great Flattening,' aimed at cutting costs and streamlining operations. This trend, driven by economic concerns such as recession fears and tariff uncertainties, reflects a shift towards efficiency where reducing mid-level positions is viewed as essential. Notable figures, including Mark Zuckerberg, advocate for flatter management structures to enhance organizational speed and effectiveness, signaling a cultural shift in corporate hierarchies.
The latest manager purge is partially a symptom of a US economy rocked by recession fears and federal tariff whiplash.
CEO Mark Zuckerberg said in 2023 alongside a bout of Meta layoffs that 'flatter is faster,' emphasizing the need for streamlined management.
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