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Mark Zuckerberg's Biggest Problem: Internal Tensions At Facebook Are Boiling Over
“It’s the bunker mentality. These people have been under siege for 600 days now. They’re getting tired, getting cranky — the only survival strategy is to quit or fully buy in.”
In a year teeming with scandals and missteps, Facebook’s latest fiasco has inspired a clutter of leaks, finger pointing, and internal conversations about the future of the company and its leadership. And after more than a year of bad press, internal tensions are reaching a boiling point and are now spilling out into public view.
[ . . . . ] Two former employees said the spate of negative reports has cast a shadow over the company in recent weeks. Current and former employees describe a tense and, at times, hostile atmosphere inside the company, one in which both senior employees and even staunch loyalists are contemplating their futures.
People are “hoping for a Sundar or Dara moment,” one former senior Facebook employee told BuzzFeed News, referring to past leadership changes at Google and Uber in which founding employees stepped aside from top jobs.
[ . . . . ] “It’s really seeped in the last few years,” another added. “Election season is always the worst too, 2020 will be another shit show.” A third user added, “In this company, if you tell the truth, you are dead.”
As a non Facebook user, I had no idea.
(Score: 2) by richtopia on Thursday December 06 2018, @07:51AM (1 child)
I care, and I don't even use The Facebook. My 401k is in a generic target retirement date mutual fund, so I likely am a shareholder of the 6th largest company by market capitalization.
https://en.wikipedia.org/wiki/List_of_public_corporations_by_market_capitalization#2018 [wikipedia.org]
(Score: 0) by Anonymous Coward on Friday December 07 2018, @02:36AM
you don't know what's held as stock in your retirement plan? do you expect to retire? How do you expect to if you don't know what you're depending on?
Better find some and sell. Those execs are going to be leaping over the guard rail before long. And I hope someone has snipped the tethers in the golden parachute. Some of them deserve to go splat into the midst of the zombies they thought they controlled.