Many companies, including Match Group and Meta, are implementing a trend referred to as the 'Great Flattening,' where they are reducing the number of middle managers. This shift is prompted by the need for efficiency following the overhiring observed during the pandemic. Mark Zuckerberg, CEO of Meta, emphasizes the importance of managers for employee development, particularly for younger employees, and suggests a reevaluation of the ideal employee-to-manager ratio, advocating for fewer managers as hiring slows down.
Companies like Match Group, Amazon, Google, and Meta are reducing middle management to streamline operations and correct overhiring during the pandemic.
Mark Zuckerberg highlights the importance of management, especially for younger employees, while advocating for a more efficient manager-to-employee ratio.
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