Org Chart Redrawn: Fewer Managers, Shorter Ladders, Frozen Hiring | Paper Cut

Goldman's new hires manage AI agents, Citi shortens the ladder, Bayer cuts 70% of managers. This week's Paper Cut covers the org chart being redrawn.

Four themes: hiring that has frozen while the bottom rungs of the ladder shrink, AI rollouts with no clear owner for the people side, how companies are delivering their cuts, and the office argument reaching the courts. Then the Cut List, with seven employers confirming job reductions this week, and a look inside EBClub.

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