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Comment by SwSwinger
I worked as a manager at a FAANG for 2 years and switched back to IC. It was fairly common practice at my company, even among directors. I actually preferred the management role, but felt like there were many downsides.
I miss being a manager, but my mental health is a lot better. Honestly, I felt like I provided more value to the company as a manager and had a great relationship with my team that continued after I stepped down. It's not my evaluation process however.