×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
25
Aug 2026
weather symbol
Athens 29°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

Feminism’s inverted moral hierarchy: The Lindsay Clancy case

Washington offers up to $10 million for information on five commanders of Iran’s Revolutionary Guards

Heavy sentences ranging from 5 to 23 years handed down to five opposition mayors in Turkey

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

Strait of Hormuz: Only two tankers passed in 24 hours — new three-month low in transits

August 25, 2026

Foreign governments attempted to hack the WhatsApp and Signal accounts of senior EU officials — Russia suspected

August 25, 2026

Approximately 45 migrants found aboard a boat south of Kali Limenes in Crete

August 25, 2026

Unprecedented Salmonella outbreak in Belgium with at least 306 cases

August 25, 2026

CBS News: CIA Director John Ratcliffe is the mysterious passenger aboard the U.S. military aircraft that landed in Moscow

August 25, 2026

Battle against five wildfires: Wave of 112 evacuation alerts in Salamina and Boeotia, while the fire in Kalopigado, Keratea is no longer active

August 25, 2026

New European standards for materials in contact with drinking water: What changes in 2026

August 25, 2026

Hellenic Society (ELLET) opposes converting Hydra’s historic windmills into accommodation

August 25, 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