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Facebook to Boost Staff 50%
By Jason Farago
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Posted Aug 24, 09 7:55 AM CDT
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(Newser)
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Facebook is planning to expand its 1,000-strong staff by up to 50% this year, Mark Zuckerberg says, taking advantage of a surplus of engineers in a weak job market. In an interview with Bloomberg, the 25-year-old CEO also says he wants to turn a profit by next year, in part by clamping down on costs. "The thing I want to remind people of is we’re way closer to the beginning than the end," he says.