Do they teach this in business school?

A periodical forwarded to me by my manager had this interesting tidbit; the BBC (yes that BBC) is letting 2000 employees go, including 300 senior managers.

Now I'm not clairvoyant or anything, but I've got a wild guess that one of the BBC's problems is that they were (and probably remain) a wee bit top heavy in their organizational structure.  Just a wild, wild guess.

(if I can assume that a reasonable number of subordinates is at least five, and "senior management" means at least the second level of management, a well run organization should have no more than about 5% senior managers....to let 15% go means that the average manager has no more than three subordinates, which means he's not managing squat)