[AppyPappy]

Trimming the fat.

[chance33_98]

Actually echoes my sentiments at my last job. I remember people like me, and many of my co-workers, had been with the company for awhile and they started hiring new people into managment. They paid the new managers more then other managers, in lateral positions, and kept doing this time after time. Add to that that in my dept we had 4 people at one time and two managers. Cutting the fat is good.

[SamAdams76]

It isn't going to be easy for these managers to find news jobs (as managers). Corporations are cutting their management structure to the bone. The corporation I work for has cut out two layers of management entirely. I am a branch manager and there are only two layers between myself and the chairman where there used to be four just 10 years ago. I actually find that things happen much more quickly around here as there is not as much red tape as there used to be. Of course, our workloads have increased enormously. Beep, beep, beep, beep (goes my pager)....

[freeper12]

Part of the problem that people are going to find if they are highly paid and laid off, is that in fact they were being *overpaid*. I know so many people that are being paid salaries that are high enough that if they got fired they would be lucky to find something paying half as much as before...a pretty scary situation for those folks. (because in most cases there spending kept up with their salary increases)

The dot-com boom made people lazy...getting paid a ton of money for very little effort...those days aren't coming back any time soon for most folks.