Graeber's recent book on the topic has had half a dozen threads on HN, including one where he showed up and rather convincingly flamed Brad Delong (looking that up is an exercise for the reader). So I think we can safely call this one a dupe.
"While corporations may engage in ruthless downsizing, the layoffs and speed-ups invariably fall on that class of people who are actually making, moving, fixing and maintaining things; through some strange alchemy no one can quite explain, the number of salaried paper-pushers ultimately seems to expand,......"
I disagree. Every layoff I've ever seen includes fat layers of middle management.
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[ 3.2 ms ] story [ 18.5 ms ] threadI disagree. Every layoff I've ever seen includes fat layers of middle management.