Sheryl Sandberg’s future at Meta Platforms had long been questioned and her departure from the owner of Facebook and Instagram was inevitable, analysts said yesterday, as the company moves further away from the real world to the virtual.
However, the timing of its announcement this week heading to the exit has divided Wall Street amid concerns that it risks destabilizing the world’s largest social media group amid a slowdown.
One of the most powerful and prominent women in American companies will step down as Meta’s chief operating officer in the fall after 14 years, handing over key responsibilities in the coming months.
He will leave while fighting the company, which last year changed its name to Facebook