Facebook has a talent drain problem, says Yale's Jeffrey Sonnenfeld [CNBC]
Meta Platforms, Inc. - Class A (FB)
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Source: CNBC
show chapters Facebook has a problem keeping its talent amid a culture shift at the social media giant, management expert Jeffrey Sonnenfeld told CNBC on Tuesday. Facebook just lost two of its top executives , Instagram co-founders Kevin Systrom and Mike Krieger. The pair said they have resigned to explore our curiosity and creativity again. While some have suggested that it isn't uncommon for founders to leave a company once it is acquired, Sonnenfeld said, Creative talent can be retained. He pointed to the success of Disney keeping the talent at Lucas Films and Walmart holding onto the teams at Jet.com. He also said Apple has retained remarkable talent. Andrew Harrer | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Facebook has lost a number of top executives during the past year as it faced scandals like the Cambridge Analytica data breach and Russian election
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