Facebook Losing Top ManagersAdded: Thursday, August 16th, 2012
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It looks like it’s not only shareholders who keep losing interest in the world’s most popular social networking website Facebook. It turned out that the company’s high-ranking staff have started to see the writing on the wall, as they collectively cleaned out their desks and moved on for pastures new.
The social networking giant had to admit that 4 high-ranking managers have left Facebook a week ago. Among the top managers who decided that the grass will be greener somewhere else there were:
- Kate Mitic, platform marketing director,
- Ethan Beard, director of platform partnerships,
- Ben Blumenfeld, design manager,
- Jonathan Matus, mobile platform marketing manager.
All the top managers have publicly announced that they did enjoy their time at Facebook, but now are ready for new challenges, more exciting than this company could offer them.
For instance, Ethan Beard has admitted that he had mixed emotions when leaving Facebook after almost 5 years at the company. However, he didn’t reveal what he is going to do now. Kate Mitic announced that after 2 years at the social network, she is going to move on to work on a mobile startup enterprise that she is launching in California. By the way, Jonathan Matus was noticed saying something similar. As for Ben Blumenfeld, he is moving on to the Designer Fund, an angel fund for designers, where he is a co-founder. This fund supports entrepreneurial designers that run businesses with a positive social impact.
However, the alarming part for Facebook is that if these 4 exits are a larger trend, the company might consider the idea of making some changes in order to retain the top managers. The popularity of the network doesn’t suffer, but the one of the company for some reason does.
August 16th,2012Posted by:
Thursday, August 16th, 2012
|gonna like this article (Facebook)|
|not suprising to me at all... outstepping there functionality... it makes as much sense as a city putting a public-park onto the trading market...|
Not only is the only revenue that Facebook makes from Ad-Revenue, its also highly dependant on the users visits. It offers no Material its self, and rely's on 3rd party's for everything...
Again, thousands of Message Boards, Forums, and Social Media sites have existed in the past. Platforms not so different than Facebook(Although dated to today's standards) Its just the point...
When does "Social Media" change into "Corperate Media", for the sake of profit? Get youre head on Straight Facebook, youre not a Company!.
|lol kingtiger01 you are ryt lol|
|posted by (2012-08-17 16:14:04)|
|who cares about facebook, its almost the same as myspace is now. as in not worth using. and twitter is as bad as myspace. I personally only use twitter for advertising LOL I should use myspace and facebook for it like every one else does.|
|goood article but i don't think so due to tht facebook not face any personal problem's......|
|posted by (2012-08-18 03:23:56)|
|They likely made decent money on the stock offering and can afford to do their own projects. If interns make $78k there, I can only imagine what these managers were making.. and you don't leave a nice paying job without somewhere else to go.|
|posted by (2012-08-19 10:50:43)|
|the " sociaL" part of facebook has gone,,havent u all noticed its all selling this,swap that,buy the other? what a crock of shit u cant even go snopping into sum1's profile now without being hit in the face with all ther unwanted TAT for sale|
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