Mark Zuckerberg is Not Worried About Companies Stopping Ad Campaigns on Facebook
Mark Zuckerberg doesn’t seem to worry about the growing number of companies stopping ad campaigns on Facebook just yet.
The social networking site chief thinks that the advertisers are “coming back soon enough” and that the missed revenue represents only “a few percent of sales.”
He said that during an internal meeting last week, employees clapped out a confession. According to a Facebook spokesperson, the company is not changing its policy under pressure but based on principles.
More than 400 companies, including Ford, Coca-Cola and Unilever, have now announced that they will temporarily no longer place advertisements on Facebook and Instagram.
With that boycott, the companies joined the Stop Hate for Profit campaign launched by U.S. civil rights organizations.
Facebook, in particular, has to suffer from these organizations that fight against racism. They blame the tech giant for not removing messages calling for violence against Black Lives Matter protesters.
Also, too little would be done against fake news. Facebook CEO Mark Zuckerberg is now talking to the organizers of the boycott himself after previous conversations with other employees of the tech giant came to nothing.
It is not clear when the parties will see each other.