Question

A CEO decides that too many managers have made the company top heavy and wants to make the company leaner and faster. The CEO lays off 50 employees and forms a new structure that gives the remaining workers much more flexibility. What process has the CEO just executed

Answer 1

Delayering

Step-by-step explanation:

Delayering in any organizational setting is the removal of a particular level of management. It could lead to profit maximization for an organization because removals of such would cause a great reduction in the costs of paying for labour. In other organizations though, delayering may have negative consequences especially on the profits of the organization.