/ 03 June 2022

Leaning into change

Image source: Getty
Image source: Getty

THE SQUIZ
Facebook/Meta’s 2nd in charge, business strategist and ‘resident grown-up’ Sheryl Sandberg is getting ready to leave the job that made her rich and famous. “When I took this job in 2008, I hoped I would be in this role for 5 years. Fourteen years later, it is time for me to write the next chapter of my life,” she posted to Facebook yesterday. Forging a reputation as a tough business operator who has been unfailingly loyal to founder Mark Zuckerberg despite increasingly fraught times, she also wrote the manifesto for women looking for more in their professional lives. And she did well financially, becoming a billionaire in the process.

WHY ARE WE TALKING ABOUT THIS?
Well, first up is that Sandberg’s probably the most famous female business executive in the world. And second, it was Sandberg who turned the free online social networking site created by Zuckerberg into one of the biggest advertising companies in the world. “Sheryl architected our ads business, hired great people, forged our management culture, and taught me how to run a company,” Zuckerberg said yesterday. Her contribution to Facebook is so unique that she won’t be replaced – instead, the company’s leadership structure will be rejigged. With all of the glory came controversies over data privacy and user safety, and reports say Zuckerberg held her responsible for some of those stuff-ups. As for what’s next, Sandberg says her initial plan is to spend more time on her ‘Lean In’ Foundation that leans on her 2013 book on female empowerment and advancement at work.

HOW ARE THINGS IN THE OFFICE?
That’s what Tesla boss Elon Musk wants to know… In a memo sent to the company’s executive and admin staff, he’s asked them to return to the office or “pretend to work somewhere else”. Not a fan of hybrid work arrangements, Musk’s position is that “anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla. This is less than we ask of factory workers.” His edict differs from the approach taken by many other companies that are embracing remote work. Here in Oz, a recent study found more than 40% of workers are going hybrid, splitting their week between days in the office and working from home.

Know someone who'd be interested in this story? Click to share...

The Squiz Today

Your shortcut to being informed, we've got your news needs covered.

Get the Squiz Today newsletter

Quick, agenda-free news that doesn't take itself too seriously. Get on it.