There has been an exodus of people leaving Meta. What does it mean when a large corporation loses so many of its higher-ups in such a short span of time? Personally, it is unclear to me whether these people are leaving because they have been asked to, or if Meta is simply not the type of company they wish to continue working for.
CNBC reported that Deborah Liu, formerly of Facebook Marketplace, left Facebook in February of 2021, to become CEO of Ancestry.com.
CNBC also reported that Carolyn Everson, Facebook’s former ads chief, announced she would be leaving jn June of 2021. She went to grocery delivery app Instacart. Fidji Simo, who was head of the Facebook app, became CEO of Instacart after leaving Facebook.
On November 30, 2021, The Wall Street Journal reported that David Marcus, a longtime Meta Platforms Inc. executive who worked on messaging and led the company’s “heavily scrutinized” cryptocurrency initiatives, announced his resignation. He is set to leave Meta at the end of this year.
On December 7, 2021, The Wall Street Journal reported that Stan Chudnovsky, who has been running Messenger since 2018, will step down in the second quarter of 2022.
Facebook announced in its newsroom on October 28, 2021, that the company is now Meta. This was announced at the Connect 2021 thing that CEO Mark Zuckerberg spoke at.
That same day, in a Founder’s Letter, Mark Zuckerberg claimed that in the future, “you will be able to teleport instantly as a hologram to be at the office without a commute, at a concert with friends, or in your parents’ living room to catch up.”
It appears that many of the executives who had been working at Facebook have been quite able to leave Meta and go on to work at other companies. Doing so did not require the use of a headset or the virtual commute to work as a hologram.