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According to Business Insider, Meta CEO Mark Zuckerberg hopes to streamline the company's structure by reducing the number of vice president positions.
Meta’s number of vice presidents peaked last year at about 300, one of the people said. That number is up from about 180 in previous years. The person added that while several vice presidents left the company last year on the eve of the second wave of mass layoffs, Zuckerberg hopes to reduce Meta's total number of vice presidents to closer to 250.
. "The overall goal is still to reduce middle-level and senior-level employees and increase lower-level employees," the person said. "Meta is starting to become top-heavy again."According to Statista, Meta had 67,317 employees at the end of 2023, down from 86,482 at the end of 2022. This marks the first time in the company's history that headcount has declined year-over-year.
Zuckerberg once said: "A leaner organization will execute on its highest priorities faster, people will be more productive, and their work will be more interesting and fulfilling." According to previous reports on this site, after Meta Company laid off 11,000 people in November 2022, it announced in March 2023 that it planned to lay off another 10,000 people. The company also said at the time it would freeze hiring for another 5,000 open positions. The 11,000 layoffs announced in November 2022, accounting for 13% of Meta’s total workforce at the time, were the first widespread layoffs in its history.The above is the detailed content of Executives are also working as workers. Sources say Meta will lay off up to 50 vice presidents. For more information, please follow other related articles on the PHP Chinese website!