3 lessons from Starbucks’ and Instagram’s leadership changes and departures
When executives step down or corporate layoffs are on the horizon, you want to minimize negative media coverage and control the narrative. Consider these responses and moves.
This week, both Facebook and Starbucks faced an onslaught of media coverage and scrutiny as executive-level shakeups were announced.
For Facebook, it came when Instagram’s founders abruptly resigned. They tweeted the following:
The @instagram journey is one I won’t forget. It started by building simple products that solved universal problems. Now eight years we look back and are proud and grateful to have been part of that journey. Thank you to the entire community as we move on for now.
— Kevin S. (@kevin) September 25, 2018
Over 8 years ago, Kevin and I started Instagram, hoping to build something that would bring out people’s creativity and spirit for exploration. Now it’s time for the next chapter. A huge thank you to everyone in the community who we’ve met along the way. https://t.co/9Omyj6VHbe
— Mike Krieger (@mikeyk) September 25, 2018
Become a Ragan Insider member to read this article and all other archived content.
Sign up today
Already a member? Log in here.
Learn more about Ragan Insider.
