Facebook grows in spite of recession. Plans to increase workforce by 50%.

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by Sally Witzky on August 24, 2009

Facebook’s CEO Mark Zuckerberg tells Bloomberg that he plans to take advantage of the surplus of engineers by increasing his workforce by 50%, from the current 1,000 employees to 1,500 in the next year.  They also plan to have revenue of $500 million this year through advertising from companies such as Nike and J.C. Penneys.

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