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Layoffs and executive pay reductions at companies like Meta, Intel, and FedEx suggest managers may be next to go after thousands of workers were laid off.

Rachel Mendelson/Insider

  • Thousands of workers have already gotten pink slips this year, and it seems managers may be next.
  • Companies like Meta and FedEx are paring back managerial jobs; others like Intel are cutting pay.
  • Managers may be an easy target as companies correct course after overhiring in the past few years.

Managers, beware: Layoffs have depleted your roster of reports, and they're probably coming for you next.

Tags
Analysis, Tech Insider, economy, Careers, Strategy, Layoffs, Job Cuts, managers
Source
Watch out, managers: The job cuts are coming for you next