Middle Managers' Confidence Hits Record Low Amid Corporate Restructuring
Facing layoffs and increased responsibilities, middle managers report unprecedented levels of pressure and burnout.
- Middle managers are experiencing unprecedented pressure and burnout, leading to the lowest confidence levels since data collection began in 2016.
- The pressure stems from having to execute layoffs, return-to-office mandates, and stringent performance reviews, while also facing the risk of being laid off.
- Tech companies like Meta and Salesforce are flattening their structures, resulting in middle managers being asked to transition to individual contributor roles or leave.
- Employee confidence across all levels has dropped to a record low, with mentions of layoffs in Glassdoor reviews significantly increasing.
- Some companies, like UPS, have announced plans to cut thousands of management jobs to offset higher costs, further contributing to the decline in confidence.