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Mark Zuckerberg wants to have absolute power

For more than a decade, Sheryl Sandberg has played a key role in her association with Mark Zuckerberg. However, on June 2, Sandberg announced that she would be leaving Meta this fall.

Mark Zuckerberg said Javier Olivan, the company’s chief growth officer, will replace Sandberg in the near future. However, the importance of the CEO position is no longer the same. Zuckerberg currently has four other senior managers at his side. These people have the same responsibility and support Zuckerberg’s decisions.

New York Times sources said that Zuckerberg made some structural changes because he wanted to consolidate his absolute control over the company. With the lion’s share of the stock in hand, Zuckerberg has always been the boss of Meta. However, Zuckerberg’s power was shared with Sandberg when he was a young entrepreneur and he needed a lot of support to expand the company. Currently, Zuckerberg wants to seize all power and become the sole leader of Meta.

Meta’s current top four executives include Andrew Bosworth, chief technology officer, Nick Clegg, president of global affairs, Chris Cox, chief product officer, and Olivan, chief growth officer. Everyone has their own responsibilities. However, none of them have as much power as Sandberg.

“I have no plans to replace Sheryl in our current structure. I think the time has come for Meta to combine the product team and the business, instead of running the business independently of the product like before,” Zuckerberg said.

OUTSIDE. Farrokhnia, a professor at the Columbia School of Business and Technology, said the change in management structure was crucial as Meta invested in the metaverse and moved away from Ms.

For years, Zuckerberg and Sandberg have clearly divided responsibilities. Even the employees were divided into “Sandberg faction” and “Mark faction”. Sandberg leads the business, policy and legal teams with a lot of autonomy, while Zuckerberg is responsible for the technical and product teams.

However, things began to change after a privacy and misinformation scandal in 2020. Zuckerberg told his staff that he wanted to focus more on the innovative products the company offers. developing. design. Since then, Zuckerberg has assumed more control over political decisions than Sandberg ever did.

In a recent interview with Business Insider, many current and former Facebook employees said Sheryl Sandberg is gradually losing power and influence at the company. According to several unnamed sources, Sandberg has been hard to find in recent months in emails about major changes at the company.

A source also said that Sandberg had planned to resign at least two years ago. She doesn’t call the group as often anymore and talks less often than before. Many people even question whether Sandberg and Zuckerberg have stopped meeting regularly every Friday in recent months.

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