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The number 2 power figure “stops his shirt” and leaves Facebook

Chief Operating Officer (COO) Meta (former name .) FacebookInc.) Sheryl Sandberg (52 years old), shocked Facebook “followers” when she announced her resignation on June 2.

“I have decided to step down as COO Meta because the time has come for me to write the next chapter of my life. I will have more time to focus on my organization and charity work” – “female general” Sheryl Sandberg informed Newspaper on personal page.

Sheryl Sandberg joined Facebook in 2008 with a plan to work for 5 years. However, she stayed for 14 years and became the number 2 most powerful person at Meta, just behind Chief Executive Officer (CEO) Mark Zuckerberg. After the news, Meta’s shares fell about 2.5% in value.

The number 2 power figure

Sheryl Sandberg, once the second most powerful person at Facebook, after Mark Zuckerberg. Photo: Business Inside

Many reports believe that the main reason stems from the fact that Ms. Sheryl Sandberg is increasingly losing her real power at Facebook’s parent company.

In fact, when Facebook changed its name to Meta and shifted its development focus to the metaverse last year. Since then, Sheryl Sandberg has been less involved in the biggest strategic changes in the company’s history. Business Inside.

“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” – a former manager Senior manager at Meta revealed.

The official announcement from Meta confirmed the departure of the 52-year-old “female general” due to her resignation. However, many other senior managers believe that Ms. Sandberg was asked to leave.

A source also said that she was asked to quit her job months ago. This explains why Ms. Sandberg rarely appears in important Meta changes.

“The most obvious shift in Sandberg’s power came last fall when Meta appointed Marne Levine as Sales Director,” another source said.

It is known that before taking the COO position at Facebook, Ms. Sandberg worked for the US Treasury Department under President Bill Clinton. In 2001, she was in charge of developing the advertising business. In 2008, Ms. Sandberg joined Facebook. Since then, she has turned this social network into one of the strongest companies in the technology industry with a market capitalization of up to 1 trillion USD.

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