‘The 2024 Great Unbossing' Trending Among Middle Manager Careers In The Workplace [Forbes]
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Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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Source: Forbes
Middle management bosses are disappearing in the American workplace. With ongoing economic uncertainty and tech advancements reshaping workplaces, companies are increasingly ditching middle management positions—a move termed “The Great Unbossing”—with significant repercussions for the U.S. workforce. Pharmaceutical company Bayer is just one of the giants vowing to slash corporate bureaucracy and let employees manage themselves by the end of 2024. It plans to cut layers of management, restructuring the company with fewer bosses and fewer rules in favor of self-directed teams. Sound radical? Experts insist that this major restructuring has both pluses and minuses. The Upside Of ‘The Great Unbossing' Chief research officer of , Joe Calvin, told me by email that a period of prolonged economic uncertainty and rapidly evolving technology and automation have led to an increase in “unbossing,” where companies are eliminating middle management roles. “This concept creates a more direct li
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NVS
Earnings
- 4/23/24 - Beat
NVS
Sec Filings
- 5/31/24 - Form SD
- 5/22/24 - Form 144
- 4/23/24 - Form 6-K
- NVS's page on the SEC website