“Believing that conventional management had stifled innovation, Jobs, in his first year returning as CEO, laid off the general managers of all the business units (in a single day), put the entire company under one P&L, and combined the disparate functional departments of the business units into one functional organization.“
Apple has retained this structure despite revenues being 40x larger. As the number of employees went from 17k to 137k the number of VPs only doubled from 50 to 96.
