×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
17
May 2026
weather symbol
Athens 22°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

“Go and take it”: The Trump administration reportedly urged the United Arab Emirates to “put boots on the ground” on Lavan Island

An international criminal network was selling fake medicines to seriously ill patients in Greece as well: turnover reached €240 million – Arrests and investigations in six countries

AADE targets €3.2 billion in overdue debts – Artificial intelligence and digital tools deployed in the fight

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

“Go and take it”: The Trump administration reportedly urged the United Arab Emirates to “put boots on the ground” on Lavan Island

May 17, 2026

More than 100 drones on standby for wildfire season across Greece

May 17, 2026

Upper secondary school promotion and graduation exams begin tomorrow

May 17, 2026

Kyriakos Mitsotakis sets out the election dilemmas at the New Democracy congress: Strong mandate and self-reliance to avoid backsliding

May 17, 2026

Eurovision Song Contest 2026 was won by Bulgaria with 516 points after a thriller finish against Israel – Akylas finished 10th for Greece

May 17, 2026

The message from New Democracy’s top figures: The “platforms” of Pierrakakis and Dendias, the Hatzidakis–Adonis “dialogue,” and Marinakis’ torch

May 16, 2026

An international criminal network was selling fake medicines to seriously ill patients in Greece as well: turnover reached €240 million – Arrests and investigations in six countries

May 16, 2026

Intervention by Mitsotakis at the ND Conference: In 2027 Greeks will choose who they want to represent them in the Presidency of the EU

May 16, 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