The reason why “female general” Sheryl Sandberg left Facebook

Recently, on her official Facebook, Sheryl Sandberg – Chief Operating Officer of Meta (Facebook’s parent company) – made an announcement that she would leave the company after 14 years. After the news, Meta’s shares fell about 2.5% in value.

The second most powerful person at Facebook

Sandberg has been seen as the “right hand man” of CEO Mark Zuckerberg since assuming the COO position at Facebook in 2008. She also plays an important role in the development of Facebook and is the second most powerful person at the company. company, just behind Mark Zuckerberg.

Sheryl Sandberg has been working at Facebook since 2008 (Image: WSJ).

“When I started work in 2008, I just hoped that I would take on this role for five years. 14 years later, it’s time for me to write the next chapter of my life. I’m not certain of the future. However, I will have more time to focus on my organization and charity work, “sandberg shared.

Javier Olivan, now Chief Growth Officer, will take over as COO of the company when Sandberg leaves.

With her contributions, Ms. Sandberg has transformed Facebook from a social media startup into one of the largest advertising media companies in the world. According to the WSJ, Facebook’s ad revenue reached $115 billion last year.

Before assuming the COO position at Facebook, she worked in the Clinton administration’s Treasury Department, then joined Google in 2001 where she was in charge of developing the advertising business.

After joining Facebook, she was directly responsible for the advertising business, legal issues and company policy. This allows Mark Zuckerberg to focus on technical issues.

In recent years, Facebook has been constantly embroiled in a series of controversies surrounding issues including data privacy and user safety. This has drawn criticism from the company’s leaders, including Ms. Sandberg. The source from the WSJ also said that she was starting to feel exhausted and didn’t want to be a “sandbag” when she had to deal with the company’s problems.

“Female general” losing power?

According to Business Insider, when Facebook changed its name to Meta and shifted its development focus to the metaverse last year, Sheryl Sandberg – Facebook’s chief operating officer – was less involved in major strategic changes. in the company’s history.

Many sources revealed that Ms. Sheryl Sandberg has lost her power at Facebook (Image: WSJ).

“She was able to go much further than many anticipated. Many believed that she would take on a more important position. However, things did not work out,” said a former manager. senior manager at Meta, shared.

In recent interviews with Business Insider, many employees and former employees of Facebook said that the COO is gradually losing power and influence at the company. According to multiple unnamed sources, in recent months, it has been difficult to find Sandberg in emails about any major company changes.

A source also said that Sandberg planned to quit at least two years ago. She no longer makes group calls as often and speaks less often than before. Even, many people have questioned whether in recent months, Sandberg and Zuckerberg have stopped meeting periodically every Friday.

“At this point, what amazes me is why she’s still there and hasn’t left,” said another former senior Facebook employee.

According to the official announcement from Meta, Sandberg’s departure is due to the resignation of the COO. However, many other senior managers believe that she was asked to leave. A source also said that she was asked to quit her job months ago. This explains why Sandberg rarely appears in major Meta changes.

Company insiders add that the most obvious shift in Sandberg’s power came last fall, when Marne Levine was named chief sales officer.

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