Answer :
Answer:
Delayering
Explanation:
Delayering is a business management technique that involves the process of dismantling layers in the hierarchy structure from the highest to the lowest level in order to increase efficiency, decrease wage bill and eliminate red tapes. The aim of delayering is targeted towards making the organization or company function at high efficiency rate. So in this case, when the CEO decided to make is company leaner and faster, he carried out the process of delayering.