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Reason is simple. Back in the day the founders – armed with majority voting power and "fuck you" money in the bank – were in charge at these companies. Now it is the standard board-approved bean counting Harvard MBA CEO who has no choice but to buckle under investor pressure or risk getting fired.

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Zuckerberg has absolute control of Meta, he is the one calling all the shots. Bezos doesn't have total control on Amazon but sits on the board and has the most voting power amount shareholders, so was the case with Benioff until a few years ago when he started dropping stock to buy expensive toys like Time, but he is still the single largest owner of Salesforce. So, many of the original co-founders of these companies are still there, they just have much different goals and interests than their younger selves.

I heard Zuck is behaving more like a majority shareholder than a CEO in day to day operations and management, Meta restructuring is handled by a consulting a firm. Could be wrong though.

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