Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Meta Looking Into Sandberg's Use of Resources Over Several Years Says WSJ

Published 06/10/2022, 10:24 AM
Updated 06/10/2022, 02:37 PM
© Reuters.  Meta Looking Into Sandberg's Use of Resources Over Several Years Says WSJ

By Sam Boughedda

According to a report by the Wall Street Journal Friday afternoon, citing people familiar with the matter, lawyers investigating outgoing Facebook (NASDAQ:META) chief operating officer Sheryl Sandberg’s use of corporate resources are scrutinizing behavior going back several years.

The article states that they are looking into the extent to which staffers worked on her personal projects, with several employees said to have been interviewed as part of the investigation by Meta Platforms. The review reportedly began last fall.

The tech giant is focusing on the work Facebook employees did to support Sandberg's foundation, Lean In, which champions women in the workplace. In addition, they are looking at the writing and promotion of her second book.

In a previous report, the Wall Street Journal said Meta was looking into Sandberg's use of company resources to help plan her wedding, but that is now said to be a small piece of the investigation.

Last week the Facebook COO announced she was stepping down from her role after 14 years, although she will continue to serve on the board of directors.

A spokeswoman for Sandberg told the WSJ last week: “Sheryl did not inappropriately use company resources in connection with the planning of her wedding.”

Latest comments

hey
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.