My company, and few others I know reduced the number of managers by 90% or more.
And then admins/unix/network/windows/support team, nobody replacing those anytime soon. Those few PMs left are there only for big efforts requiring organizing many teams, and we rarely do those now.
I don't like it, chasing people, babysitting processes and so on, but certainly just more work for me.
If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.