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Why are corporations cutting managers?

and why were they hired in the first place?

U.S. public companies have cut their middle-manager head counts by about 6% since the peak of their pandemic hiring sprees, according to a new analysis of more than 20 million white-collar workers by employment-data provider Live Data Technologies. Some of the biggest cuts have been in human-resources departments, where head counts are down by more than 6% from 2022, the Live Data Technologies analysis shows. Garett Jones once pointed out that a large share of a company’s work force does not produce widgets.

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