There is definitely a trend, and not a new one, to assume that all managers, directors, etc. are just bumbling fools who nepotised their way into bags of cash every two weeks and provide no actual value. I'm sure there are examples where that's the case, but at least in the (small no-name) companies I've worked at my entire career, the non-owner bosses are typically as smart as I am or smarter, work about as hard as I do with a lot more inanity to deal with, and don't actually make that much more money especially at the front-line manager and director level.