Report: Zuckerberg Tells Facebook Employees He Won’t Change Policies Based on ‘Threat’ from Advertisers
Lucas Nolan, Breitbart, July 2, 2020
Facebook CEO Mark Zuckerberg reportedly has told employees not to worry, assuring them that advertisers that have boycotted the social media giant will return “soon enough.”
According to a report from the Information, Facebook CEO Mark Zuckerberg recently told employees that he’s not worried about the recent boycott of the social media platform by major advertisers and has no intention of changing the site’s policies.
During a virtual town hall with Facebook employees, Zuckerberg implied that the boycott was a PR issue rather than an issue that will have a negative impact on the companies financials. “We’re not gonna change our policies or approach on anything because of a threat to a small percent of our revenue, or to any percent of our revenue,” Zuckerberg stated.
While brands such as Coca-Cola, Microsoft, Starbucks, Target, Unilever, and Verizon boycotting Facebook isn’t good for the social media platform, the boycotting companies only make up a small fraction of Facebook’s 8 million advertisers. Nearly all of Facebook’s revenue is generated by advertising on its platform.