Seems, bad times are not coming to an end for social networking giant Facebook. As per latest information, Facebook has lost three more of its top executives. These executives include Director of platform partnerships, Ethan Beard; director of platform marketing, Katie Mitic; and mobile platform marketing manager Jonathan Matus. 

It is worth noticing, the news of resignations by the top ranking Facebook officials has come after the high-profile exits of Chief Technology Officer Bret Taylor in June. 

Latest stats revealed, Facebook has lost a staggering 157 million dollars in the second quarter of this year, and saw shares, which were released in a highly anticipated IPO  two months back, falling to 20.72 dollars from their 38 dollars starting price. 

Analysts beleive, the social networking giant with over 850 million users, seems to be in pretty hot water, and needs to shape up fast. 

Check out latest IT news at itvoir.com