The top Meta executive said he's not in favor of having layers of management in the company, an indication that he may be considering a reduction in middle managers. Price Action: On Monday, Meta shares rose 0.7% to $186.16 in after-hours trading after closing 0.2% lower at $184.90 in the regular session, according to data from Benzinga Pro. Read Next: Mark Zuckerberg's Security Allowance Just Went Up 40% Amid Meta's Massive Job Cuts