What’s new: Meta has appointed Sandhya Devanathan as the Head and Vice President of India after Ajit Mohan, former country head, resigned to move to Snap as president, Asia-Pacific, reported Moneycontrol on November 17, 2022. Nearly a fortnight after Mohan’s resignation, Rajiv Aggarwal, Meta India's Director of Public Policy, also left the company as well as Abhijit Bose, WhatsApp India head. According to the report, Manish Chopra, Director and Head of Partnerships for Facebook India (Meta), is currently leading the company on an interim basis. Devanathan will transition from her role leading the company's gaming vertical for the Asia Pacific (APAC) market on January 1, 2023. She will be a part of the APAC leadership team, the company said as per a press statement viewed by Moneycontrol. Devanathan will also be responsible for strengthening strategic relationships with India’s leading brands, creators, advertisers, and partners to drive Meta's revenue growth. Why it matters: A week ago, Mark Zuckerberg, Meta CEO, announcing sacking of 11,000 employees to make the company “leaner and more efficient.” Aside from Meta, other companies like Twitter, Lyft, Coinbase, Robinhood, Microsoft and Snap are also downsizing their workforce. On top of these job cuts, the change in personnel of higher positions indicate considerable changes in the big tech field in the coming years. Recent performance reports that failed to reach the expected mark may also have contributed to this shedding of employees by the company. Bose says coming years will be "transformational": In a LinkedIn post, Bose wrote…
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