Bayer CEO is getting rid of bosses

thestreet.com/employment/bayer-ceo-is-getting-rid-bosses-employees-self-manage

CEO Bill Anderson has devised a new plan to help tackle the company’s billion-dollar debt, and it involves getting rid of all of the organization’s middle managers and granting its roughly 100,000 employees the freedom to manage themselves.
After Bayer saw a 50% decline in its stock price, compared to a year ago, and is reportedly battling €34 billion in debt (which equates…

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