In yet more surprising news from Facebook, the second-most powerful executive of the company, Sheryl Sandberg, is apparently resigning from the company.
Sandberg, who worked at Facebook for fourteen years, is well-known for the role she played in securing the scandal-plagued social media’s company dominance in the advertising sphere.
Sandberg made the stunning announcement on her personal Facebook page, stating that she would be stepping down from her Chief Operating Officer (COO) while retaining a position on the company’s board.
CEO Mark Zuckerberg promptly chimed in after Sandberg made her announcement, remarking that Sandberg “has taught [him] so much and she has been there for many of the important moments in [his] life, both personally and professionally.”
The departure of Sandberg emerges after the social media network rebranded itself as “Meta,” as it attempts to transform the Internet into a virtual reality designed to enmesh people even more deeply in Meta’s services at the expense of their connection to the outside world.
Facebook’s reputation has been deeply embattled in recent years, as varied reports have emerged and revealed the social media giant’s damage on impressionable youth.
In addition, other platforms, notably Twitter, TikTok, LinkedIn, Pinterest, and Snapchat are competing closely with Facebook in order to broaden their own target market base, with the flagship Facebook website being perceived as one primarily used by “older people.”
“I [do not] plan to replace Sheryl’s role in our existing structure,” Zuckerberg boomed, “[I am] not sure that would [even] be possible since she’s a superstar who defined the COO role in her own unique way.”
The company’s stock, which has been in turmoil ever since its most recent terrible earnings report, slid an additional 2 percent upon the news of Sandberg’s departure. In recent earnings, Zuckerberg admitted that Chinese-owned TikTok has steadily eaten away at the social media company’s core consumer base.