The top-level exits from the company come at a time when Meta is going through a difficult time and just last week announced its second round of mass layoffs.
Meta’s vice president of business messaging Dan Levy is leaving the tech company due to personal reasons. According to a Reuters report, Levy’s stint at the American multinational tech major will end in May.
As per an internal blog seen by the media organization, Levy is departing from Meta after 14 years to focus on his family after the death of his child due to leukemia. The company’s spokesperson confirmed Levy’s exit, the report noted; adding that business messaging would remain a strategic priority and area of investment for the tech major this year.
Levy previously ran Meta’s ads and business products division and was replaced by another long-time executive John Hegeman last year. According to his LinkedIn profile, under Levy’s leadership, Meta’s ads business grew to over a hundred billion in revenue, while Facebook’s SMB Advertising business grew “to billions in revenue and millions of clients.”
Levy’s exit follows the departure of Michelle Klein, who leads a division of 1,000 people as Vice President of Global Business Marketing. While the report noted that Meta confirmed Klein’s departure, she has not responded to the media organization’s request to comment.
The top-level exits from the company come at a time when Meta is going through a difficult time and just last week announced its second round of mass layoffs. In this job cut, the Mark Zuckerberg-led company will reduce the team size by around 10,000 employees and further close around 5,000 open roles. The company expects to announce restructurings and layoffs in its tech groups in late April followed by business groups in late May.
Calling 2023 “the year of efficiency,” Zuckerberg said last month to bring the company’s costs under control. Meta announced its first round of job cuts in November last year and laid off more than 11,000 employees, or almost 13% of its workforce at the time.