Isn't Cambridge Analytica enough proof that harm has been done by Facebook's data collection and allowing others to access it? That's the very tip of the iceberg.
My understanding is the entire Cambridge Analytica thing is about privacy and not actual harm from the Facebook aspect.
At scale, such behaviour cannot possibly be good for democracy.
But it seems very much like there is an attitude like working for Facebook or Google is amoral. That I don't believe. Especially when there are companies sell software to track phones secretly to countries like Iran. That's on the border of amoral.