Facebook has struggled to hire talent since the Cambridge Analytica scandal

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, in which a data firm improperly accessed the data of 87 million Facebook users and used it to target ads for Donald Trump in the 2016 presidential election. 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. Facebook has lost candidates to other top companies like Google, Microsoft and Amazon, which can offer salaries and signing bonuses as good as Facebook’s with much less scandal, recruiters said.

Source: www.cnbc.com