Management Jobs Are Disappearing As Companies Push For Cost Cuts
Allwork
DECEMBER 31, 2024
Corporate America is streamlining its management structure in an effort to apparently boost efficiency, leading workers across all levels to rethink plans for the future of their careers, according to The Wall Street Journal. According to a new analysis by employment data firm Live Data Technologies, U.S. public companies have reduced their middle management ranks by about 6% since the height of pandemic hiring.
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