Maybe for faangs. At every company I have worked at with a manger title from 2019 to present, this was expected of people with "director" in their title and below.
You are not a manager if you do not get to decide where capital is deployed, without your boss's approval.
For anyone reading this comment, if you think you are a manager, ask yourself this question
"If I decided tomorrow that the company would be better off if I hired someone to do role {X}, can I open a new req for that role without permission?"
If the answer is no, you are a supervisor with less agency than the a Walmart deli leader circa 2010
Directors direct (including opening hiring reqs without higher-level approval).
Managers manage (which doesn’t include unreviewed role openings).
Both do useful work in a well-functioning company.
I was not joking about the roles having less agency than a Walmart deli supervisor. I had more say in how the work was done in that role, than I have at any software company while I had the word “managers” in my title
There's tons of title inflation out there, especially at smaller firms.
When I was being hired as a strategic hire for startups - and was being interviewed by the director or CTO - I specifically asked would I be reporting directly to them or another manager. I actually refused one job because I saw that the expectations they had from me and how far I was down in reporting structure was incongruous.