Mark Zuckerberg’s ‘internal flattening’ campaign: Ask senior management at Sub-Meta to work with subordinates or get fired
- Tram Ho
Senior management at Meta will have to share power with subordinates and focus on more specialized tasks such as research, design, coding …
Meta is asking more managers and directors to move to more personal jobs or accept being fired as a way to help this group run efficiently. This is said to be a move to “flatten the inside”, making senior managers share power with subordinates and focus on more specialized tasks such as research, design, writing code … Those who do not accept accept this request will have to leave the company.
Meta, which owns Facebook and Instagram, laid off 13% of its workforce in November, marking the biggest layoff in history. Since then, Meta employees have always faced extreme anxiety about the possibility of future layoffs.
Earlier, Meta’s CEO, Mark Zuckerberg, explained in the company’s recent earnings report that internal operations are still too slow and cumbersome. He considers 2023 a “productive year,” and pledged to cut some middle management and underperforming projects.
“Our community continues to grow, and I’m really pleased with the strong engagement across the apps,” said CEO Mark Zuckerberg. “2023 will be the ‘Year of Efficiency,’ and Meta will focus on becoming a stronger and more resilient organization.”
Zuckerberg’s goal of a leaner organization has helped the company’s stock price rebound since 2022 – arguably the worst year for the tech giant.
“We are ‘flattening’ the organizational structure, while removing some layers of middle management to become leaner, more efficient. We also deploy and apply AI tools to support the majority of engineers. There’s still a lot that can be done to improve Meta’s productivity, speed, and cost,” Zuckerberg said.
Revenue in the fourth quarter fell 4% from a year earlier, but overall, still much better than analysts’ expectations, reaching 32.17 billion USD compared to 31.53 billion USD expected. Most predict that Meta is on the rise again after the tumultuous period because of the red-hot Wall Street.
Most recently, Meta also announced improvements to the Horizon Worlds metaverse app and sought to attract more young users, specifically teenagers between the ages of 13 and 17, according to the WSJ. The app is also currently available to users 18 years of age and older, according to a memo titled “Horizon 2023 Strategy and Goals.”
Horizon Vice President Gabriel Aul set goals for the first half of 2023, with the top task being to improve user retention, especially teenagers and young adults. “This is the generation that can become true digital citizens of the super universe. They grew up with technology and have access to the remote connection revolution,” wrote Aul.
“Today, Meta’s competitors are doing a much better job of meeting the needs of the younger generation. For Horizon to succeed, we need to make sure we focus on serving them first.”
By: Bloomberg, WSJ
Source : Genk