In a bid to claw back $2.15 billion, the struggling pharmaceutical giant Bayer CEO is doing away with middle managers and 99% of the company’s 1,362-page corporate handbook, allowing nearly 100,000 employees to self-manage.
the company is going boss-less, or as he calls it, moving to “dynamic shared ownership.”
Yeah but corpo speak doesn't need to concern itself with actual meanings of words. So long as they confuse you enough to let them slide their hand in your pocket they are happy to be scolded on using language incorrectly.
I hope this means we get like entire divisions that the company forgets it has and so people can do nothing and get paid their salary because nobody higher up remembers they exist and the bookkeeper who would notice the pay going somewhere was also let go.