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Cambridge analysis scandal is still around. Facebook is hard to recruit talent now.

via:CnBeta     time:2019/5/17 7:01:42     readed:783

This has had a major impact on Facebook's recruitment efforts as the company adds thousands of employees every year. These new employees are critical to the company's ability to innovate and improve existing products. The company faces from Google, Apple, Amazon,MicrosoftAnd the talent competition of top technology companies such as countless start-ups.

Most notably, Facebook found that the number of top university students who rejected the company's offers is increasing dramatically. According to former Facebook recruiters, in top business schools such as Stanford University, Carnegie Mellon University and Ivy League, Facebook’s acceptance rate for full-time positions for recent graduates has fallen from an average of 85% in the 2017-2018 school year. It was 35% to 55% in December last year. The biggest drop was at Carnegie Mellon University, and the employment rate fell to 35%.

Before the interest of applicants declines, there are other signs that more and more technology workers are rethinking whether they will continue to work for Facebook. In December last year, former Facebook employees told CNBC that they received more letters from current Facebook employees who wanted to know about employment opportunities elsewhere. In April of this year, executives of technology startups said in an interview that it was easier to dig up employees from the company after Facebook’s scandal broke out.

Recruiters say the company’s scandal is not the only reason Facebook’s recruitment is in trouble. There are other reasons, including the soaring cost of living in the Bay Area and the fierce competition among top technology companies for talent.

According to recruiters, Facebook has lost to other top companies such as Google, Microsoft and Amazon in recruiting. These companies can offer the same high salary and signing bonus as Facebook, and the scandal is much less.

These former recruiters said that at the same time, some potential candidates were dug up by startups such as Airbnb, Slack, Uber and Lyft, which are preparing to go public or just listed. There are also some job seekers who have chosen high-potential start-ups, including Robinhood and Stripe.

In addition, there are some job seekers, especially students, who give up Facebook's employment opportunities because they don't use the company's applications as frequently as their predecessors, so they lack enthusiasm for working for the company.

A former Facebook school recruit said: "Students are no longer interested in getting into Facebook."

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