- Instagram's two cofounders, Kevin Systrom and Mike Krieger, are leaving the company, they said in a statement on Monday night.
- The duo currently serve as the Facebook-owned photo-sharing app's CEO and CTO respectively.
- According to a report from Bloomberg, the departures come "after growing tensions with [Facebook CEO] Mark Zuckerberg over the direction of the product.
- It comes after months of chaos and scandals for Facebook.
Instagram's cofounders are leaving the company.
On Monday night, Kevin Systrom, CEO of the Facebook-owned photo-sharing app, announced that he and fellow cofounder Mike Krieger were departing the social media firm. His statement came after a report from The New York Times that the duo had quit, and Bloomberg subsequently reported that the move came "
In recent months, Facebook has integrated its executive bench more closely into Instagram. In May 2018, Facebook reshuffled its executive team, making Chris Cox — formerly the head of the core Facebook app — the company's chief product officer, responsible for Instagram and Facebook's other apps. And Adam Mosseri, formerly the VP of News Feed at Facebook, was made Instagram's new head of product.
The Wall Street Journal, citing anonymous sources, also reported that Systrom and Krieger had "clashed" with Facebook's leadership — specifically over "Instagram's autonomy" — and that when Mosseri was reassigned Facebook execs were expecting the pair to leave.
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