I don’t think so. Unless you get super high up, your pay increases proportionally to people under you. The next problem is that once you start cutting, you actually have to organize and manage. That’s way more difficult than saying “ I have hired x people”. I have been in countless discussions where management offered more people but whenever I told them the real problem is the process or another department not doing their job, I got silence.
'i need more people' or 'i people with this specific skill' is also a really good blanket excuse for dysfunction. and if you dont get the slots you can just say 'i told you', and if you do get the slots and dont feel like actually executing, its pretty trivial to find all the candidates wanting. or blame the hiring market. or the low salaries. its a hugely effective dodge, and you can even convince yourself that you're doing all you can to address the problems in your organization - you just cant because of factors completely outside your control.
It’s well known that middle managers love to grow headcount. That doesn’t matter.
If teams aren’t resulting in profit, they’re gonna get pressured to make cuts or will have RIFs imposed on them. I’ve seen this happen at every company, even big seemingly inept monsters like Oracle and IBM.
Those political middle and upper managers who are good at growing headcount are also good at shifting blame. They explain their lack of profit by either not enough headcount or else some other part of the company is letting the down (and they should take over that function so they can succeed next time) etc