Facebook is a sinking ship…

Facebook has had a rough year, plagued by scandals involving data security, user privacy and the spread of misinformation. The company’s stock lost nearly one-quarter of its value in July when it announced second quarter earnings and warned of a revenue slowdown, and is down more than 10 percent on the year.

The company has also been struck by an exodus of executives. Here’s a list of Facebook’s most notable departures in 2018.

LIST:

  • Jan Koum, co-founder of WhatsApp, announced his exit in April.
  • Elliot Schrage, head of communications and public policy, announced in June that he was leaving after working at Facebook for more than a decade.
  • Colin Stretch, Facebook’s top lawyer, said in July that he’d be leavingafter an 8-year stint.
  • Alex Stamos, chief security officer, left the company in August.
  • Dan Rose, vice president of partnerships, announced his departure in August.
  • Rachel Whetstone, a top communications executive, left for Netflix in August after a nearly year-long stay at Facebook.
  • Alex Hardiman, heads of news products, also announced her exit from Facebook in August.
  • Kevin Systrom and Mike Krieger, the co-founders of Instagram, announced their departures in September.
  • Brendan Iribe, the former CEO and co-founder of Oculus, announced his exit in October.

www.cnbc.com/2018/10/22/facebook-executives-who-have-left-in-2018.html

 

h/t Voluntaryist

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