The number of people managing the work compared with the number actually doing it makes no sense. Early on, someone told me that a small fraction of the staff would end up carrying almost everything. I thought they were exaggerating, but I've watched it happen. The same people get relied on again and again while the organization keeps adding layers above them.
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They are mostly cutting at the lower levels: individual contributors, group leaders, low-level managers, while the 6,7,8 layers above enjoy their lavish high-flying zero-load jet-set business.
Ask yourself how many totally useless pseudo-execs they got flapping around…
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