the trend in management over the past few decades has been to eliminate layers from company hierarchies, which means they are becoming flatter-in other words,there are not as many levels to go through in order to reach the top.
One example is the role of chief operating officer (COO),which had been disappearing in recent years.
Between 2000 and 2012,there was a 10%decline in the number of fortune 500 (an annual list of the top US corporation compiled by fortune magazine) companies with COOs. Only 38% of the 500 have a COO position now. CEOs have also eliminated layers of