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Meta* plans job cuts as part of reorganization, media writing

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Moscow, February 22 – The American company Meta * (banned in the Russian Federation as an extremist organization) plans to cut more jobs as part of the reorganization, and this could affect thousands of employees, the Washington Post reports, citing a source.
“Facebook’s parent company Meta is preparing for another job cut by engaging human resources, lawyers, financial experts and senior executives to draw up plans to flatten the company’s hierarchy as part of a reorganization and downsizing that could affect thousands of workers,” it wrote. . ed.
Meta* plans to move some executives to lower positions without direct reporting, and align levels of management between CEO Mark Zuckerberg and company interns, sources indicate. Some employees expect that workers whose jobs will change in this way will eventually leave, downsizing the company.

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According to the sources, in addition to these shifts, the company is considering a direct reduction of some projects and jobs. Changes are expected to be made over the coming months.
In November 2022, the company announced that it would lay off more than 11,000 employees (13% of the country) due to low income. And in early February of this year, Bloomberg wrote that Meta* is asking several directors and directors to go it alone or leave the company as it tries to increase its efficiency.
* Meta activity (social networks Facebook and Instagram) is banned in Russia as extremist.

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