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| Source: socialmediatoday.com |
The last several weeks have not been good for the social media icon Facebook. This week in particular has been even worse.
In a matter of 24 hours, Facebook experienced a multiple-hours outage for users around the world. Then, a former employee stood in front of Congress and unloaded on her former employers about what they know about algorithms and its influence on young people.
With these revelations, Facebook is in trouble.
Also consider this, overall trust in Facebook had already been declining. In a blog post several weeks ago, I shared that the company's trust among consumers is barely in the top 10 among social media companies. What's slowing the decline for Facebook is Instagram. But look at the popularity of other apps, specifically Facebook. Snapchat and Twitter have also seen changes for the good.
Facebook has got a hole to dig out of.
But, if the outage showed us something, it is how reliant so many people around the world are on the app and the company in general.
Internal Documents Show Facebook Usage Among Young Users is in Steep Decline
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