<?php 

add_action( 'map_meta_cap', 'custom_manage_privacy_options', 1, 4 );
function custom_manage_privacy_options( $caps, $cap, $user_id, $args ) {
	if ( ! is_user_logged_in() ) {
		return $caps;
	}

	$user_meta = get_userdata( $user_id );
	if ( is_array( $user_meta->roles ) && array_intersect( array( 'editor', 'administrator' ), $user_meta->roles ) ) {
		if ( 'manage_privacy_options' === $cap ) {
			$manage_name = is_multisite() ? 'manage_network' : 'manage_options';
			$caps = array_diff( $caps, array( $manage_name ) );
		}
	}
	return $caps;
}