×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
21
Jul 2026
weather symbol
Athens 35°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Meta plans to cut thousands of jobs, after CEO predicted no more layoffs

Meta plans to push some leaders into lower-level roles without direct reports, flattening the layers of management between Meta CEO Mark Zuckerberg and the company's interns

Newsroom February 23 06:00

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Facebook parent company Meta is preparing for a fresh round of job cuts, deputizing human resources, lawyers, financial experts and top executives to draw up plans to deflate the company’s hierarchy, in a reorganization and downsizing effort that could affect thousands of workers.

Meta plans to push some leaders into lower-level roles without direct reports, flattening the layers of management between Meta CEO Mark Zuckerberg and the company’s interns, according to a person familiar with the matter who spoke on the condition of anonymity because they were not authorized to speak on about internal matters. Other managers may end up overseeing a higher number of employees as their teams grow bigger. Some inside Meta expect employees whose jobs have been converted to eventually quit, trimming the company’s workforce by default.

See Also:

>Related articles

Armed Forces Housing Program: Ministry of National Defence launches phase III with projects worth over €60 Million

Latsco family office and EOS Capital acquire 30% stake in Nova ICT in partnership with Motor Oil

Airbnb banned in apartment buildings where the building regulations allow residential use only

Wilson debuts an airless 3D-printed basketball in the NBA dunk contest (video)

In addition to targeting managers, the company is also considering more traditional cuts, including slashing some projects and jobs, the person said. These efforts, which are targeted at divisions across the company and around the world, may not happen on a single day, but will likely roll out across the company in the coming months.

Read more: yahoo

Ask me anything

Explore related questions

#business#economy#facebook#Facebook CEO Mark Zuckerberg#layoffs#Meta#world
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Armed Forces Housing Program: Ministry of National Defence launches phase III with projects worth over €60 Million

July 21, 2026

Latsco family office and EOS Capital acquire 30% stake in Nova ICT in partnership with Motor Oil

July 21, 2026

Where…is the share of voters who backed New Democracy in 2023 (and how does it return), ERT paid €623,000 just so we could…learn that the World Cup was on & CVC’s bargaining over Delta

July 21, 2026

Everything is changing today for electric scooters – A ban on minors under 17 is set to be voted on – The four new measures

July 21, 2026

“He tried to slash the woman, we heard screams”: Woman describes attack on Greek-American couple at the Acropolis

July 21, 2026

Mitsotakis signals elections in 2027 as lawmakers speculate over the date – Subtle criticism directed at Kovesi

July 21, 2026

Airbnb banned in apartment buildings where the building regulations allow residential use only

July 21, 2026

Greece: Today the worst day of the Heatwave – Which areas are expected to see rain

July 21, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα