As part of her Citi turnaround, Jane Fraser cut management layers fro… | HappeningNow.news

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As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended

From Meta's 50-to-1 reporting ratios to Coinbase's latest layoffs, CEOs are racing to flatten their org charts.

Source Fortune AI Summary Updated May 30, 2026
Story intelligence Beta
Freshness Stale Updated May 30, 2026
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Coverage Single outlet
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Read time 1 min ~24 words

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From Meta's 50-to-1 reporting ratios to Coinbase's latest layoffs, CEOs are racing to flatten their org charts. The results aren't always what they expect.

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