Meta Is Reorganizing Facebook to Be Like Instagram Amid Further Layoffs – Business Insider

meta-is-reorganizing-facebook-to-be-like-instagram-amid-further-layoffs-–-business-insider

The Facebook platform is the oldest at Meta and by far has the largest headcount. Facebook is expected to see layoffs amid Mark Zuckerberg’s new mandate to “flatten” the company. The plan “to become more efficient has not been finalized,” a Meta spokesperson said. The organizational structure of Facebook is set to look closer to that of Instagram as a new mandate at Meta to remove layers of management takes shape.Facebook, founded by Meta CEO Mark Zuckerberg twenty years ago, is in the process of being further streamlined, two people familiar with the company told Insider. The company’s goal is to have Facebook’s structure more closely resemble that of Instagram, the people said, as Zuckerberg looks to cut costs and declares 2023 to be the “year of efficiency.”Another round of layoffs at the company is expected, likely affecting around 5%-10% of the company’s employees, as Insider first reported. The Facebook platform, which has the most employees of any segment at Meta, is expected to be impacted by the cuts given Zuckerberg’s new mandate of “flattening” the organization overall. Cuts already occurred within Facebook in November, when Meta enacted its first ever mass layoff, letting go of 11,000 employees throughout the
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