SAN FRANCISCO — Facebook overhauled its structure on Tuesday into three new divisions and shuffled the leadership of its key products, in one of its biggest reorganizations. The reorganization was intended to streamline the company and clarify who oversees what after a long period of growth and numerous acquisitions, according to another person involved. Mr. Zuckerberg was adamant about not firing any senior executives, despite pressure to make prominent changes, this person said. Facebook told employees about the reorganization in an internal companywide memo on Tuesday. Recode earlier reported the changes, which were confirmed by a Facebook spokesman.
Source: New York Times May 08, 2018 21:57 UTC