Middle Managers Drive the Drop in US Employee Confidence to a Record Low
- Glassdoor measure deteriorates for staff across all ranks
- Tech, media sentiment worsens as mentions of layoffs rise
Office workers in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Confidence among middle-managers dropped to its worst-ever reading in February, pushing a broader index of US employee sentiment down to a record low.
“Middle managers are under pressure to do more with less,” Glassdoor economist Daniel Zhao said in a report Monday. The group’s confidence is now similar to that of entry-level workers, which fell last month to the lowest in seven years, the job-review site’s Employee Confidence Index showed.