Head of WhatsApp India Abhijit Bose and Director of Public Policy Meta India Rajeev Aggarwal have resigned, the social media company announced Tuesday.
Meta’s announcement comes a few days after CEO mark zuckerberg announced that the company has decided to reduce the size of its team by approximately 13%, eliminating more than 11,000 jobs. Earlier this month, the country head of Meta India Ajit Mohan he also resigned from the firm to join rival social media company Snap and run its APAC business.
“I want to thank Abhijit Bose for his tremendous contributions as our first Head of WhatsApp in India. His entrepreneurial drive helped our team deliver new services that have benefited millions of people and businesses. There is so much more WhatsApp can do for India and we are excited to continue helping advance India’s digital transformation.” will cathcartWhatsApp chief said in a statement.
Meta said Aggarwal decided to resign to seek another opportunity. “Over the past year, he has played an important role leading our policy-driven initiatives in areas such as user security, privacy, and expanding programs like GOAL to drive digital inclusion in the country. He has also been leading proactive engagement with critical regulatory and regulatory stakeholders. We are grateful for his contributions and wish him the best for the future,” the social media giant added.
The company announced that Shivnath ThukralDirector of Public Policy, WhatsApp, India, has been appointed Director of Public Policy, Meta India, at Facebook, Instagram and WhatsApp India.
“Shivnath has been an integral part of our Public Policy team since 2017. In his new role, Shivnath will define and lead major policy development initiatives across our apps (Facebook, Instagram and WhatsApp) in India. We remain committed to our users in India and will continue to contribute significantly to the regulatory process that will enable everyone to realize the full potential of India’s digital economy.” manish chopraDirector, Partnerships, Meta India, he said in a statement.
Chopra was given the role of interim chief operating officer of Meta India after Mohan stepped down from his position.
Last month, Meta reported a more than 50% drop in profit and a second straight quarterly decline in revenue, weighed down by weak demand for advertising, increased competition from rivals like TikTok, and changes to privacy. Apple iOS.
Shares of the social media giant have plunged in 2022. Its shares have already lost two-thirds of their value so far this year.