Companies are slashing middle management. Jamba Juice's former CEO says it is crucial for success.
Jamba Juice's former CEO said middle management is important for maintaining company culture.
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- Jamba Juice's former CEO, James D. White, said he's all for middle management.
- He said this layer drives good company culture, which is important for bottom-line growth.
- But the trend in corporate America now is to slash middle management for efficiency and cost-cutting.
In the era of America's "Great Flattening," one longtime executive...