Mathematically that would work out to a lot less than 8 layers of management.

I wonder if they have 5-10 employees per manager at the bottom of the org chart, but a lot of middle managers and manager-like titles mixed through the middle.

If its anything like the other tech companies, you'll have a bunch of overworked low-level managers with 20+ reports each, and then somewhere up the chain you'll find directors and VPs chilling with 1-2 reports

Solution: fire half the line managers, and make the rest also do IC work.

If anyone has a VP-level position open, I'm willing to send you my resume. There is a salary level at which I am willing to do work entirely without shame.

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