Fortune 500 Companies Are Killing Marketing Executives
The Fortune 500 just executed a quiet purge.
CMO positions declined from 71% to 66% in a single year. That's not gradual downsizing. That's systematic elimination.
Etsy killed their standalone marketing role after their CMO departed. Walgreens, UPS, and Wells Fargo followed suit. Starbucks retired their CMO title entirely when Brady Brewer moved to international leadership.
The pattern reveals something deeper than cost-cutting.
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