The head FacebookVenture capital has taken over the Workplace business-software unit, making it the latest departure high-profile from social media giant in 2021.

Julien Codorniou was the vice president responsible for Workplace. He announced on Tuesday that Felix Capital, a London venture capital firm, has taken him over. Codorniou was the director of Workplace from the 2016 launch. He had previously been a director in the platform partnership team at Facebook five years ago.

Facebook (now called Meta) has had to deal with several exits in the past year. After the publication of documents and news stories illustrating the extent to which Facebook is aware about the damage its services have caused, the company will be under increased scrutiny from regulators and face a significant public relations problem.

Deborah Liu was formerly head of Facebook Marketplace and resigned in February to take over as CEO at Ancestry.com. David FischerChief revenue officer, he announced his resignation in March. Kevin WeilOne of the founders of Facebook’s Novi cryptocurrency unit.

Ex-chief of ads for the company, Carolyn EversonAnnounced her intention to leave in June. She later became president of Instacart, a grocery delivery service. Fidji SimoAfter leaving Facebook, Instacart’s head of app development, he became the CEO of Instacart in July.

In August Mark D’Arcy, the chief creative officer of Facebook, resigned. The next month was spent as Facebook’s chief technology officer. Mike SchroepferThe company announced that he would be retiring. The last month was David MarcusFacebook’s head for cryptocurrency, John Sullivan, said he would be leaving at the end the year.

Codorniou, who joined Felix Capital as a Partner, told CNBC that Codorniou will be heading the firm’s investment in gaming and enterprise-level software companies.

“I wish I could move from being an operation at Big Tech to funding and helping the next generation,” said he.

Codorniou was a six-year employee at Codorniou before joining Facebook. Microsoft. Codorniou, who spent 17 years in large technology companies, said that he is ready for something entrepreneurial. 

Codorniou ran Workplace during which the product had a greater reach. 7 million paid subscribers. Codorniou stated that the company’s executives can continue to grow.

He said, “They’re people that can take us from right now to 10x it.”

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