Last company I was at did a reorg which switched from product to functional based orgs (I guess) ... and I went from 4 managers to the CEO, to like an almost in

Last company I was at did a reorg which switched from product to functional based orgs (I guess) ... and I went from 4 managers to the CEO, to like an almost incomprehensible web of directors. Then a manager was added to my team which sent us a level down even further. This was ostensibly done to 'streamline' the orgs which seems deeply hilarious