What have the last six months have been like for middle management?
In some sense, it has just been an intensification of what the last 20 years have been. We’ve seen a very substantial shift in the willingness of corporations to move from the view that white-collar work is kind of a fixed cost that you just can’t move, and if layoffs take place, it’s with front-line workers. For the last 20 years, white-collar workers and managers have been vulnerable to layoff. So, in that sense, what’s happened in the last six months is just a little more intense than what’s been going on since the mid 1980s. Are middle managers suffering more in this economy? It’s clear that managers are vulnerable and it’s clear that they have less job security than they did in the past, but what I do show in the book is that most middle managers are not losing their jobs. Now, virtually all middle managers are nervous, and in that sense it’s a new world. You didn’t used to have to be worried; now you do. You say middle managers are less loyal to their employers. Could you explain
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