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Stock impact report

She used to manage 3 employees. Now she oversees 24. Welcome to the age of the megamanager. [Yahoo! Finance]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Company Research Source: Yahoo! Finance
On a recent weekday afternoon, Match Group manager Chine Mmegwa sat at her desk in a New York office, looking up at her team through a mounted TV screen. The meeting was much like others she'd led during her first few years at the dating-app company, only with a lot more faces. That's because she now oversees two-dozen employees, including six direct reports. Before November, she oversaw a team of just three people and had one direct report. Mmegwa's broader mandate reflects a new normal in corporate America, where fewer middle managers are keeping tabs on more workers. Decisions now move faster, Mmegwa said, but nearly every minute is spoken for. "I have to manage my time much more rigidly," said Mmegwa, 35, senior vice president of strategy, corporate development, and business operations at Match Group. "My calendar is my guidepost." Corporate America's Great Flattening In the past few years, the ranks of middle managers — bosses who sit between executive leaders and fron Show less Read more
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