Through my experience at the company that I work at, I see that it has clearly adapted a project based structure. There are various project groups with their own hierarchies and reporting structures, each working towards a certain goal. One employee could be part of several projects, reporting to several different person in each project, and then their own manager outside of the project. In the position I work in, myself and my manager work on several different projects and report to the project leads on our functions for the respective projects. I rather like this structure as it allows one to have a more distributed reporting structure in their position.