Become individual contributors or leave: Zuckerberg to managers
Mark Zuckerberg-led Meta Platforms Inc. is asking many of its managers and directors to transition to individual contributor jobs or leave the company as part of a process to become a more efficient organization, known internally as a “flattening,” according to people familiar with the matter.
Higher-level managers are sharing the directive with their reports in the coming weeks, separate from the company’s regular performance review process, which is also occurring, said the people, who asked not to be named discussing a matter that wasn’t public.
The company, which owns Facebook and Instagram, fired 13% of its workforce in November during its first major layoff. In the months since, staff have faced intense anxiety about the potential for future cuts, the people said.