Years ago playing Civ 4 I distinctly remember hearing Leonard Nimoy's voice say "The bureaucracy is expanding to meet the needs of the expanding bureaucracy". That's what management in these companies is like. It became a meme that every 6 months you'd get an email saying "your manager's manager's manager's manager now reports to a new manager". You'd never seen, heard of or let alone met any of these people.
A large company like this should ahve a structure that's really no deper than:
1. CEO
2. SVP
3. VP
4. Director and really high level ICs
5. Manager and high-level ICs
6. ICs
Any deeper than that is organizational bloat. The above will allow ~5000 ICs per SVP without any layer having two many branches (eg a manager should really have no more than 10-15 reports).
This is better than layoffs because mid-level management is more responsible for bad company strategy than any IC is. Even though this is a step in the right direction, Zuck still faces two way bigger problems:
1. There is no vision for the company's key assets (ie FB, IG, WA). All of these seem to be relatively stagnant (if not in outright decline) and facing pressure from new platforms, most notably Tiktok as well as the behemoth that Youtube remains; and
2. There is absolutely no product market fit for the metaverse, certainly none that justifies sinking tens of billions of dollars into it.
Disclaimer: ex-Facebooker.
Disclaimer: