Ok so it looks like they try to shift to the sociocracy model.

Coincidentally, I have a friend who worked for some years in a company that was trying to shift from a typical hierarchical structure to a co-op with a horizontal decision-making processes, using sociocracy. For them, and to my understanding, it was not going great. They actually kinda kept replicating the typically centralised structure for too long but this time using the "circles" deriving from sociocracy. That said, maybe by now they have managed to move on from this transitional phase, but I don't know since my friend doesn't work there anymore. That said, from the conversations we had, I got the understanding that there has been successful approaches in other coops, in the sense that they had achieved consent-based decision-making processes.