How do some of the managers probably feel right now?

W: The company is planning to make some organizational changes, and this is making some of the executives very nervous.(68)The talk around the office is that some of them are going to be out of jobs.
M: Wow, this is big news. Do you know when this announcement is going to be made?
W: Well, according to my manager, the news is going to come as early as next week.(69)The reason for this is that the president was very disappointed with the failure of our last project. We apparently lost a lot of money there.
M: You know, this may not be very nice of me to say, but I think the president is making the right move. I really think some of the managers don’t belong where they are. They should be gone.(70)