Got 20 Years’ Experience? Welcome to the Manager Black Hole
Photo by Aleksandar Popovski on Unsplash
Alexander Valen, a 51-year-old tech veteran who once managed 150 developers at Accenture, now describes the job market as a 'black hole.' Laid off in 2023, he's endured over two dozen interviews and eye-watering pay cuts—one recruiter even offered $35 an hour. Valen’s story reflects a wider corporate purge dubbed the 'Great Flattening,' where giants like Microsoft and Amazon chop managers to save cash, leaving seasoned pros stuck between sky-high pay expectations and ghosted application inboxes. As Valen says, 'It's a crazy market. I don't know what to do right now.'
Share the Story
(1 of 3)Source: Businessinsider | Published: 8/7/2025 | Author: Jacob Zinkula
More Articles in Business
Motorola Razr Flip Phones Finally Told They’re Secure Enough for 2027
Theverge
KPMG’s Consulting Business Dies Dramatically While Staff Take a Hike
Businessinsider
Man Applies to 200 Jobs with AI's Help, Still Does Own Eyerolling
Businessinsider
Audit Giant Reports 1% Revenue Dip, Economy Still More Stable Than Their Punchlines
Theguardian
Man Explains Working Eastern Time Means Nights and Absolute No Sunshine
Businessinsider
Nike Says Sprinting Faster Could Pay Your Rent, Just Slightly Less Than Manhattan Price
Businessinsider
Executive Coach Declares War on Sunday Night Work, Monday Morning Meetings
Businessinsider