Facebook recently won plaudits as the best tech employer but that doesn’t stop people leaving. Liz Gannes at GigaOm has written a fascinating post charting all the early employees now leaving Facebook and the various reasons why. Although Facebook is now six years old, the notable fact is that the company is yet to go public so early employees have not been able to cash out stock options in an IPO.
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If you’ve ever glanced at the perks Facebook employees get, that might be clue enough as to why executives from other companies are shifting allegiance to Facebook. Last week it was Google’s David Fischer, whose predecessor, Sheryl Sandberg, also moved to Facebook. Several other Googlers have come over to Facebook. This week, it’s ex-Bebo president Joanna Shields, who’s joining Facebook as sales and development VP of Europe, Middle East, Africa (EMEA).
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According to Kara Swisher, Facebook has hired David Fischer, who will serve as Facebook’s VP of Advertising and Global Operations. Fischer is coming directly from Google where he served in Sheryl Sandberg’s previous position before she left to become the Chief Operating Officer of Facebook.
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Weeks after leaving ‘the Bachelor’ as a contender to keep her job at Facebook, Ali Fedotowsky has quit Facebook and is set to star in the new season of ‘The Bachelorette’. She made these revelations during her appearance on the Jimmy Kimmel show.
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If you’re a viewer of the relationship reality TV show The Bachelor, you probably already know that fan favorite, Ali Fedotwosky, left the show this Monday night, claiming that her employer wanted her back at work. Her employer isn’t just any old company, it’s Facebook, the company that just cracked 400 million users worldwide. But is there more going on than appears?
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A supposed anonymous interview with a Facebook employee is generating some buzz around the web, after some apparently controversial information was spilled. While some blogs are saying that the interview provides new “revelations“, nothing in the article came as a surprise to us. Is this information true or false and how much of it really comes as a surprise? We’ll break down all the facts (as we understand them).
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Just over a month ago, ex-Facebook platform program manager announced that he was leaving the company to pursue new opportunities. That new opportunity appears to be over at Twitter as he tweeted about the new move earlier this morning. Given Josh’s extensive knowledge of Facebook’s strategy and product development process, this is most definitely a big hire for Twitter.
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After working closely with Facebook over the past few months, David Recordon has left Six Apart to join the fast growing social platform with the title “Senior Open Programs Manager”. While the title may be a bit ambiguous, it’s clear that he’ll be working with Luke Shepard and others to help integrate open standards into Facebook. Earlier this year when I spoke with Recordon, he appeared pretty excited about Facebook’s continued opening of the platform.
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According to a Bloomberg article this morning, Facebook has at least 1,000 employees as part of its workforce now. In an interview with Bloomberg, Mark Zuckerberg explains that since the company hasn’t “made it” yet, he would prefer that the company’s “building feel much more like a very large garage.” Perhaps after the company has launched a payment platform and extended Facebook Ads to the rest of the web they can live a lavish lifestyle.
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That’s what you’d think if you read Sarah Lacy’s exposé on Facebook’s buyback program. Apparently it came as a surprise that an excessive number of employees wanted to sell their shares before an initial public offering inaccurately projected for later this year. So why would all these employees rush to sell shares when they could be worth much more at the time of an IPO?
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