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May 16, 2019 08:01 pm

Facebook Has Struggled To Hire Talent Since the Cambridge Analytica Scandal

An anonymous reader shared a report: Facebook is still reeling from the fallout of its Cambridge Analytica scandal more than a year ago, as multiple former recruiters say candidates are turning down job offers from what was once considered the best place to work in the United States. More than half a dozen recruiters who left Facebook in recent months told CNBC that the tech company experienced a significant decrease in job offer acceptance rates after the March 2018 Cambridge Analytica scandal. This impact to Facebook's recruiting efforts is important as the company adds thousands of employees each year. [...] Most notably, Facebook saw a sharp increase in students at top universities who are declining the company's job offers. Among top schools, such as Stanford, Carnegie Mellon and Ivy League universities, Facebook's acceptance rate for full-time positions offered to new graduates has fallen from an average of 85% for the 2017-2018 school year to between 35% and 55% as of December, according to former Facebook recruiters. The biggest decline came from Carnegie Mellon University, where the acceptance rate for new recruits dropped to 35%.

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