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Business Wars Daily

Social Giants See Leadership Shakeups

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 9 June 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Thursday, June 9, and we're looking at Meta vs. Twitter.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.2

Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, June 9th.

1:08.6

The business world was hit with a surprise last week with news of a shakeup at Meta.

1:13.3

The parent company of Facebook, Instagram, WhatsApp, and Messenger,

1:16.7

announced that Cheryl Sandberg, the company's chief operating officer,

1:20.1

was stepping down from her post after nearly a decade and a half.

1:23.9

The news came as a shock even to people close to the company.

1:26.8

But the move, according to the Wall Street Journal, was prompted by a force that feels anything but surprising.

1:33.1

Burnout. After the last two years, that's something a lot of us can relate to. Sandberg will remain on META's board, but said in an interview with fortune that she plans to spend more time focused on philanthropic

1:44.7

endeavors, including her Lean In Foundation, which is dedicated to fostering women's leadership

1:49.8

and workplace inclusion. As most of us know, Meta isn't the only social media giant going

1:55.7

through some leadership turnover. Founder Jack Dorsey stepped down as CEO of Twitter last year. This was roughly a year

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