Feeds

Facebook to hire like it's 1999

Could increase staff by as much as 50 per cent

Secure remote control for conventional and virtual desktops

Facebook expects to increase its staff by as much as 50 per cent this year by tapping into the "surplus" of out-of-work engineers caused by the Meltdown.

The social networking website's chief executive Mark Zuckerburg said in an interview with Bloomberg that while most tech firms are shedding workers to make do, Facebook's revenues are on the rise and capital investments are still flowing in. The business has about 1,000 employees worldwide and could bolster its ranks by 40 per cent to 50 per cent in 2009, he said.

"No one else has been hiring," Zuckerberg told Bloomberg. "It's been a great environment for us because the economy has helped out."

Facebook's chieftain said the company is tightening its belt in other areas, however, in order to finally reach profitability by 2010. One such effort was moving into a stripped-down, cement-walled building in Palo Alto, California which he dubbed "the bunker", when it was time to expand to a larger headquarters.

Facebook's expansive plans for this year contrast with that of MySpace, which announced in June that it will lay off nearly 30 per cent of its US-based workforce. MySpace said at the time that its staffing was "bloated" as well as "too big considering the realities of today's marketplace."

While Facebook claims to have more than 250 million users now, Zuckerberg apparently thinks that's peanuts compared with what the website can eventually pull in. Hyperbole is certainly not a foreign concept to the man, but he actually told Bloomberg that he aims to eventually have 1 billion users on the website.

One billion. About 15 per cent of the world's population. Too be fair, Zuckerberg didn't provide a time frame for this miraculous accomplishment and didn't specify if he was counting house pets and alternate dimensions in his prediction, either. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.