Facebook chief executive Mark Zuckerberg, like so many private company bosses, is notoriously coy when it comes to numbers. He only periodically provides updates on the all-important number of active users (250m was the last official tally). And don’t bother trying to get Mr Zuckerberg to estimate revenues (unofficial estimates are $500m for the year). But in a rare moment of candour, Mr Zuckerberg provided Bloomberg with two interesting figures.
He said that Facebook plans to expand its headcount by as much as 50 per cent this year. The recession has resulted in a surplus of talented engineers, and Facebook plans to scoop up some of these workers while they are on the market. Though the engineers at FriendFeed were gainfully employed, Facebook’s acquisition of FriendFeed two weeks ago clearly fits into Mr Zuckerberg’s bulking-up strategy. Read more




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