Move is part of a downsizing and restructuring effort that could affect thousands of employees

Meta, the parent company of Facebook, is said to be getting ready for a fresh wave of job reductions that will impact several divisions globally.

The move is part of a downsizing and restructuring effort that will impact numerous employees, potentially reaching into the thousands.

The Washington Post reported, citing anonymous sources familiar with the matter, that Meta intends to shift certain leaders into positions that do not involve managing others, thereby reducing the levels of management between company CEO Mark Zuckerberg and its interns.

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