Facebook CEO Mark Zuckerberg has recently suggested reducing the number of middle-management levels of the virtual-reality startup, Meta, in order to streamline the organization and improve its efficiency.
Meta is a California-based company that develops and manufactures mixed reality devices such as Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) headsets. According to sources, Zuckerberg believes that the company would benefit from having fewer layers of management, as he sees the current setup as “too complex, too unfocused and too slow to innovate.”
Speaking at a recent conference, Zuckerberg suggested streamlining the current hierarchy and eliminating the middle-management levels. According to industry analysts, this could have the potential to help the startup become more nimble, as well as cut down on unnecessary expenses. The restructuring could also help Meta focus on developing innovative technologies and improving customer service.
Zuckerberg has refused to comment on his suggestion, but industry watchers have noted that cutting out middle-management levels is a strategy commonly used by tech companies to make the organization more flexible and responsive to customer needs. Other advantages of such a move could include improving communications across the organization, as well as cutting down on bureaucracy and red tape.
It remains to be seen whether Zuckerberg’s suggestion will be accepted by Meta, but it is clear that the company is open to new ideas to help switch up its approach and generate better results.
The Facebook guardian will also look to slice initiatives that are not accomplishing or are not essential, and to improve execution of priorities.
Meta Platforms Inc. will cut some layers of middle administration amid a companywide work to decrease charges and increase “efficiency,” Main Government Officer Mark Zuckerberg reported throughout an earnings phone Wednesday.
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The Facebook mum or dad will also glimpse to cut jobs that are not undertaking or are not very important, and to strengthen execution of priorities, Zuckerberg said.
The corporation fired 13% of its workforce final 12 months in its initially big layoff, consolidated offices and streamlined its knowledge centers.
This is “just the beginning,” mentioned Susan Li, the company’s chief economical officer. Li also explained the Meta is “fully scrutinizing our hiring needs.”