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Meta Platforms Inc., led by Mark Zuckerberg, is asking many of its managers and directors to transition to individual contributor roles or leave the company as part of a process to become a more efficient organization known internally as "flattening." ", according to people. familiar. with matter READ ALSO: India in top three countries for Facebook active user growth: Meta
High-level officials will share the directive with their reports in the coming weeks, independent of the company's regular performance review process, which is also taking place, said the people, who asked not to be named discussing a matter they did not it was public. The company, which owns Facebook and Instagram, laid off 13% of its workforce in November in its first big layoff. In the months that followed, staff faced intense anxiety over the possibility of further cuts, the people said. Meta CEO Mark Zuckerberg explained during the company's earnings report this month that he still feels the organization is too sluggish and bloated. He called 2023 "the year of efficiency" and vowed to weed out middle managers and underperforming projects.