this post was submitted on 22 Apr 2024
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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.”

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[–] whatup@hexbear.net 14 points 6 months ago

But surely they’ll be paid more for all the extra labor. I’m positive that the generous pharmaceutical CEO will share all the gains with his workers whom he loves very dearly. He’ll give them all hugs and kisses too ❤️ 💋