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Not just ‘slash and burn’—the real reason this major pharmaceutical company ousted 40% of its middle managers
fortune.com/2025/05/20/not-just-slash-and-burn-real-reason-this-major-pharmaceutical-company-ousted-e-40-of-its-middle-managers
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As companies look to cut costs, many CEOs are looking to trim bloat at the middle-manager level. Amazon CEO Andy Jassy said in March that he plans to flatten the company’s corporate hierarchy by eliminating middle managers and giving more power back to individual…
This story appeared on fortune.com, 2025-05-20 13:50:36.