Middle managers are getting the short end of the stick as they face increased pressure from companies carrying out layoffs and return-to-office mandates, and their confidence levels have hit new lows as a result, Glassdoor's Employee Confidence Index published on Monday shows.
The index, which is put together using tens of thousands of US employee ratings of their employers' six-month business outlook, found that overall confidence levels have dropped to 45.1% in February from 45.7% in January — hitting the lowest level Glassdoor started collating such data in 2016.
Midlevel employees, like middle managers, have seen their confidence levels drop most severely in the past year, falling from 54.6% in February 2023 to 48.3% in February 2024 — a 6.3% decrease.
https://www.businessinsider.com/middle-managers-feeling-squeeze-amid-cost-and-job-cuts-glassdoor-2024-3