Facebook (FB) has another crisis on its hands, and former employees are glad that they recently sold their shares, while others are thinking about following their lead.

Since news broke late Friday that Cambridge Analytica, a firm that aided Donald Trump in the U.S. presidential election, harvested and abused the data of 50 million Facebook users, the social network has taken a pummeling on Wall Street. The social network’s stock has dropped by as much as 11%, erasing roughly $60 billion in market value.

In light of recent events — as well as criticism following Facebook’s inadvertent role in the U.S. presidential election — three former Facebook employees Yahoo Finance spoke with under the condition of anonymity, disclosed that they felt their decision to sell the majority of their stock over the past 12 months was a smart one. They would not disclose any details of their stock sale.

“I had been thinking about it [selling my stock] for months when I saw the climate around what was happening with Facebook externally,” one ex-Facebooker told Yahoo Finance. “We’re looking at a company that’s facing a backlash over the fact that, throughout their history, it has somewhat disrespected privacy. They have treated their users as a commodity and been somewhat arrogant towards their users and not gone to enough lengths to protect them.”

Another former Facebook employee, recently sold his remaining stock in the company partly because he was unsure how much Facebook’s stock would recover in the short-to-medium term. The other reason was he just needed the funds to purchase his first home in San Francisco — a notoriously expensive real estate market.

“The timing of it was definitely lucky, but in my opinion, Facebook will survive this,” that ex-employee said. “Putting into context what’s happened recently with all the other sh*t Facebook has pulled, this looks bad but not orders of magnitude worse.”

Facebook backlash

Over the years, Facebook has rolled out tools and features that have brought on unintended and unwelcome consequences, dating all the way back to 2007, when Facebook rolled out an ads system called Beacon that let outside websites publish stories to a user’s News Feed about their browsing behavior, sometimes without the user’s knowledge or consent. The social network also faced backlash in 2010 when it introduced new privacy controls that changed the default setting of sharing status updates to “public” rather than just friends — an action that resulted in Facebook signing a settlement with the Federal Trade Commission in 2011 requiring the social network to get user consent first over such changes. Even Internet.org, Facebook CEO Mark Zuckerberg’s attempt to bring internet access to emerging markets, received criticism that forced the company to withdraw the app from India.