To say that Facebook is suffering an employee exodus is hyperbole, but the company has recently lost some talent in VP of technical architecture Jonathan Heiliger; director of business development Jim
Midgal; and top software engineer Marcel Laverdet. Regarding the changes, Business Insider writes: "This is not the first time Facebook has undergone a fairly large employee exodus" -- BI's words, not
ours. "Back in 2008 and 2009, Facebook went through significant turnover as new COO Sheryl Sandberg joined the company from Google and re-organized (or...organized) what had been a fast-growing but
disjointed startup," BI writes. Facebook even reportedly had recruiting trouble at the time. As BI admits, however, "these (new) exits are much different -- and much less troubling for Facebook."
Most likely, the recent departures -- all of whom were with Facebook long enough for their stock options to vest -- are leaving to cash out. Adds BI: "Quitting makes them rich, so they're
quitting, duh." Winning!
Read the whole story at Business Insider »
