FACEBOOK has lost around £172billion since July, partly thanks to poor leadership by Mark Zuckerberg.
The company has moved from crisis to crisis in 2018, and is now among the world's notorious tech firms.
4
Facebook has been caught up in three major privacy controversies in the past week alone.
And since being valued at a July 25 stock market high of £496billion, Facebook has quickly slumped to just £324billion today.
That's a loss of £172billion in just six months, as investors bail on the rogue social media firm.
It's equivalent to losing the combined value of Netflix (£94.2billion), Twitter (£20.5billion), Snapchat (£5.78billion) and Sony (£49.6billion).
4
Facebook has also lost £92billion in value since the beginning of 2018.
And earlier this month, Facebook's stock price slumped £7.4billion in a matter of hours.
The fall came after sealed court documents about the firm were released to the public.
The secret files – which contain emails from billionaire boss Mark Zuckerberg – reveal the inner workings of Facebook, and the company's blatant disregard for user privacy.
But that's not the only problem plaguing slippery Zuck right now.
The Harvard dropout is under fire after a New York Times exposé revealed that Facebook secretly let Netflix and Spotify read your private messages.
The private partnerships were exposed through leaked Facebook files that highlight the company's ongoing failure to protect user's privacy.
This leak also revealed that Facebook had given user data to Yandex – Russia's equivalent to Google – despite the company's alleged "direct line" to Kremlin spies.
4
A separate report from Gizmodo yesterday found that Facebook was still tracking your exact location, even if users told it not to.
The sinister tactic sees Facebook skirt your settings to serve you location-based advertising, helping Zuckerberg make even more money.
And just last week, Facebook admitted a major cybersecurity blunder: it had given app makers access to private photos from your smartphone's camera roll.
These were photos that had never been posted to Facebook, but were sent to app makers without user permission.
Facebook believes that around 6.8million users were exposed by the gaffe.
Facebook CEO Mark Zuckerberg says social media regulation is inevitable as US Congress grill him over data misuse
Facebook's streak of bad luck largely began in March, when the company was forced to admit it had given away user info without their consent.
It led to Mark Zuckerberg being confronted by useless lawmakers at the US Congress, followed by an equally confused hearing at the EU.
Matters were made worse when Facebook admitted in September that it had given hackers complete access to 30million user accounts – due to three different coding co*ck-ups on its website.
Some spectators have suggested Mark Zuckerberg has "lost control" of Facebook, including Belgian and EU politicianGuy Verhofstadt.
4
The situation is now so bad at Facebook that workers are turning on their dodgy boss.
Reports suggest Facebook staff have resorted to buying burnerphones to allow them to badmouth their superiors without fear of being recorded.
Former employees described a "toxic and hostile" work environment at the social media giant, which has been hit by a wave of data leaks and fake news scandals over a torrid few years.
One former senior staff member told Buzzfeed News that workers were eyeing up a change of leadership.
"People are hoping for a Sundar or Dara moment," the worker said, referring toGoogle chief Sundar Pichai and Uber's new boss Dara Khosrowshahi.
Another said paranoia among employees meant they were using secondary phones to gossip about colleagues.
The source revealed: "People now have burner phones to talk s**t about the company - not even to reporters, just to other employees."
They added that seething bosses are "spouting full-blown anti-media rhetoric, saying that the press is ganging up on Facebook".
"It's the bunker mentality. These people have been under siege for 600 days now. They're getting tired, getting cranky - the only survival strategy is to quit or fully buy in."
MOST READ IN TECH
STELLAR UK astronaut Rosemary Coogan to become 3rd Brit ever to fly to space
SOUR APPLE Millions of iPhones set for major change to Apple Pay - but Brits won't benefit
GOOG TO KNOW Android battery settings trick lets 'phone last up to 72 hours'
JAW DROPPING 'City of gold' to giant chamber complex – jaw-dropping Ancient Egyptian finds
Facebook has suffered major losses in terms of execs, too.
WhatsApp co-founder Jan Koum left the company in April this year, and was followed by Instagram founders Kevin System and Mike Kreiger in September.
Mark Zuckerberg is now under pressure from some investors to stand down from the company's chief exec position.
Do you think Mark Zuckerberg should stand down? Let us know in the comments!
We pay for your stories! Do you have a story for The Sun Online news team? Email us at tips@the-sun.co.uk or call 0207 782 4368 . We pay for videos too. Click here to upload yours.
