In the 80s and early 90s, massive swaths of "middle management" were purged by Corporate America. Those managers have never returned. That's not CxO class of course, but these were 'executives'. Very well paid ones at the time, what might have been considered 'upper middle income'. Well-to-do.

https://www.amazon.com/dp/B0DZWKGZGN Human Resources: A Tor Original by Adrian Tchaikovsky (Author)

An amusing take on it. Because it makes sense. It isn't the CEO that's the last to be fired. It's the HR guy, because you need HR until there's no one left to fire.

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JohnHaugeland 2 hours ago | parent [-]

in 1992 middle management was 9.2% of the workforce. in 2022 it was 13.1%

use data when you make claims

	▲	b112 an hour ago \| parent \| next [-]
		Bold words. Those are not the same middle managers. Do research before you counter claims. Corporate America was gutted. This was also when hostile takeovers were the new thing. Buy, slice and dice and parting out of corps was all the rage.
	▲	actionfromafar 2 hours ago \| parent \| prev [-]
		Is it the same kind of middle management? Was the 1980 kind well paid, and the current one not? (I have no idea, but now I wonder.)