Facebook is to increase its staff number by 50%, as the social network looks to capitalise on the wealth of skilled professionals available for work amid the recession. Facebook CEO, Mark Zuckerberg, has told Bloomberg in an interview that he wants to the company to reach around 1500 employees by the end of the year, up from around 1000 at current levels. The current recession has hit Silicon Valley very hard which means that there is a surplus of talented engineering workers looking for work.
Facebook founder and chief executive officer Mark Zuckerberg asserted that the economic downturn has spelled good news for the social media site, as more skilled professionals are available for work. “No-one else has been hiring,” he told Bloomberg. Facebook is expecting revenue to grow up to 70 per cent by the end of 2009 compared with last year. It now has more than 250 million users worldwide. Some 100 employees currently work for Facebook,enjoying a variety of benefits including the use of a basketball court and three free meals every day.