New engineering graduates from top schools have found job offers from Facebook less tempting after various scandals beset the social media firm in the past year, according to a report first aired by CNBC.
Here is an excerpt from a report in Recruiting Times:
Job offer acceptance rates at Facebook have significantly decreased, it has been reported, after it was revealed last March that the data of up to 87m users of the social network had been used improperly by Cambridge Analytics to target ads for Donald Trump in the 2016 US presidential election.
Top US schools such as Carnegie Mellon, Ivy League and Stanford have seen a major decline in students wanting to accept job offers at Facebook, according to CNBC.
Former Facebook recruiters have revealed that the acceptance rate for full-time positions offered to new graduates fell from an average of 85% for the 2017-2018 school year to between 35% and 55% as of December 2018. The biggest decline came from Carnegie Mellon University, where the acceptance rate for new recruits dropped to 35%.
There has also reportedly been a decline in acceptance rates at Facebook among software engineer candidates for its product teams, falling from nearly 90% in late 2016 to almost 50% at the start of this year.
Facebook spokesperson Anthony Harrison said: “The numbers in the CNBC article are not true. We hire the best engineers in the world to work at Facebook and we are hiring more engineers than ever before.
“This year, about two-thirds of our engineering recruits from Carnegie Mellon, Stanford and Ivy League schools have accepted their offers and overall, the percentage of offers accepted by engineers has gone up in 2019. We continue to meet our engineering recruiting goals and are confident that will continue.”