Big exchange of leaders, Facebook has once again caused a wave of layoffs.

For Facebook (now Meta), it's a year of change.

The meta-reborn company has announced that it will focus on creating Metaverse, the online world of virtual and augmented reality. The culture of the company has also undergone major changes with a new name and an evolving concept.

01,long list

Several executives are heading towards 2021 or have announced plans to launch in the coming months, and this company has expanded its operations through cryptocurrency distribution from Novi to copy software distribution from Facebook. According to incomplete statistics, at least 18 executives have left so far, including the Chief Technology Officer (CTO), Chief Operating Officer (CRO), Deputy Chief of Sales Staff, and the leader in digital gifts and wallets.

Below is a list of Facebook executives who will be retiring in 2021, sorted by timeline.

In February, former Facebook Marketplace manager Deborah Liu announced her resignation as CEO of Ancestry.com.

Head of Facebook Revenue David Fischer

In March, CFO David Fischer announced his resignation. Fischer heads the advertising distribution company and is responsible for the global sales organization. At the time of his departure, Facebook was preparing to respond to privacy changes in Apple's iOS system, which made it difficult for the company to ensure privacy.

That same month, Kevin Weil, one of the co-founders of Facebook's Novi cryptocurrency division, also left Facebook and joined the public satellite image exchange company Planet earlier this month.

Kevin Weil, Vice President, Articles, Calibra, Facebook

Will is central to the development of Facebook's cryptocurrency and digital wallet, and the wallet, known as Novi, launched earlier this year and is powered by technology from Coinbase. The currency is currently managed by an independent organization called Diem, but has not yet been made public. Prior to joining the cryptocurrency group Facebook, Will was vice president of product marketing for Instagram, where he was instrumental in creating comics, which show users full screen images and videos that disappear. after 24 hours.

Hugo Barra, who became vice president of virtual reality (a key business company) last May, posted on Facebook (earlier this month Barra announced he was involved in the post launch of COVID -19 Research to be CEO). Barra has always been a key figure on Facebook. Previously, he was vice president of Chinese smartphone maker Xiaomi, and before that, he was vice president of product management for Google Android.

In June of this year, Facebook announced that Marne Levine, a close friend of Sheryl Sandberg, vice president of international engagement and executive director of Facebook, would replace Fisher as CEO.

That same month, Carolyn Everson announced her resignation as vice president of Facebook Global Business Group after Levin was promoted to the new role of Chief Commercial Officer (CCO) to complement Fisher. Everson has been with Facebook for over 10 years and is known as one of the most well-known women's businesses after Sandberg.

Fiji Simo has been overseeing the Facebook app for two years and left Facebook in July this year to become CEO of Instacart. Seamer worked for the company for 10 years, starting in the marketing industry and becoming one of the best women on Facebook. With auto-playing video, live streaming, and Facebook Watch video streaming products market, it has become essential to bring more video content to the Facebook application.

Facebook's vice president of augmented and virtual reality content Mike Verdu left in July to join Netflix as vice president of game development. Verdu is leaving the company that creates content for the Oculus VR headset after two years. Previously, he was vice president of EA.

In August, former CFO (CCO) Mark Darcy, who has worked at the company for more than 10 years, announced his resignation.

Samidh Chakrabarti, former head of Facebook's social justice network, resigned in September. Chakrabarty created the Citizen Integrity Products company, responsible for ensuring that its services are safe for public participation. The group played a key role in Facebook governing the 2020 U.S. presidential election, but was ousted in December 2020, just ahead of the January 6 protests on Capitol Hill.

Where did Chakravarti go after they left? The answer is to longtime Facebook rival Twitter, who since retiring to become one of Twitter's former Facebook executives, has frequently discussed business-related topics. .

In September of this year, Mike Schroepfer also announced that he would be stepping down as CTO in 2022, but he will not. Artificial intelligence project. Sklopf has worked at Facebook since August 2008 as Vice President of Engineering. According to his LinkedIn profile, he has been Executive Director (CTO) since March 2013.

After Sklopf left, it was announced that Andrew Bosworth, now head of Facebook's hardware division, would end his role as Chief Operating Officer (CTO). Bosworth's rise to prominence suggests that hardware will play a key role in Facebook's future development, especially if Facebook focuses on building its meta-world.

David Marcus, head of Facebook's cryptocurrency business, announced in November that he would be leaving the company at the end of this year.

David Marcus

Marcus joined the company in August 2014 and previously served as president of PayPal for two years. He first worked at Facebook Vice President and was responsible for the company's Messenger department. In May 2018, she launched a financial sharing campaign on Facebook.

Marcus took the lead in the development of the Facebook Libra blockchain currency and the Calibra digital wallet in June 2019. The goal of these two projects is to be implemented by 2020. Neither company sees the light of day in 2020 after Facebook's cryptocurrency ambitions were challenged by lawmakers and regulators.

Julien Codorniou, former director of the communications software business at Facebook Office, said he joined venture capital firm Felix Capital in December.

Since its inception at Office in 2016, Cordogne has been a service leader and has joined Facebook for the past five years as a platform team leader. When Codoniu used Office, the product had 7 million paying users.

Horatio Villarobos: Do you want more followers?

Stan Chudnovsky, chief executive of the communications company, announced in December that he was leaving for the second quarter of 2022. He joined Facebook in 2015 to become director of product development for the messaging company.

His announcement comes a week after Marcus announced his plans on Facebook, which works for Messenger and its close PayPal partners. Chudnovsky reportedly received a messenger from Marcus in May 2018.

02,Why can't Facebook protect people?

In fact, this isn't the first time Facebook has seen a massive layoff, and 2018 saw many executives leave.

The wave of departures for 2018 includes Jan Koum, founder of Facebook's instant messaging app WhatsApp, Elliot Schrage, director of communications and civil rights at Facebook, a senior lawyer practicing through Facebook Colin Stretch, and Alex Stamos, head of the security of Facebook. (Alex Stamos), Vice President of Facebook Partners Dan Rose (Dan Rose), Senior Director of Facebook Communications Rachel Rachel Whetstone (Rachel Whetstone), Head of Facebook News Alex Hardiman (Alex Hardiman), Co-Founder Instagram of the Facebook photo-sharing app Kevin Systrom (Kevin Systrom)) and Mike · Mike Krieger, Brendan Iribe, former CEO and co-founder of Oculus, creator of virtual reality (VR) products for Facebook. ..

The reason for the wave of layoffs in 2018 is simple. Because Facebook is in a situation where everyone is shouting. Not only were Facebook social workers embarrassed by the behavior and said they dared not tell family and friends what they were doing, many executives also spoke out against the practice. to work with them on the public, causing violence. outside.

And this year, Facebook was embroiled in a similar scandal in 2018. That said, former Facebook executive Frances Haugen once again made a comeback by posting Details of her internal work that bad traffic is king. and money is money. angry. But given that it happened in the first half of this year, that means it's not the real reason for the wave of layoffs on Facebook.

Is it because of the integration? So what is the reason for the voluntary departure of Marcus, leader of the popular cryptocurrency project? The real reason? Maybe the new Meta company wants to know more about these issues than we do. But the remarks made by Treasurer Fisher left much to be understood. “Zuckerberg lacks engagement and personal experience, but now Facebook can still say that Facebook's financial performance under his leadership on Wall Street has been good, and his Amazing Leader team… can sit back and enjoy it. "