Facebook founder and CEO Mark Zuckerberg says he’s trying to control costs at the same date he wants to take advantage of the recession and hire more engineers. He plans to hire hundreds of folks that year, boosting Facebook’s staff as much as 50 percent.

Currently, Facebook has about 1,000 employees but plans to grow at a slower pace than Google, which nearly doubled its staff in each of the three years since it went public in 2005.

Despite the hiring plans, Zuckerberg said he’s trying to contain costs, which is why his staff is housed in an old Palo Alto, Calif., building with cement floors. He said a building “can be a sign that you’ve made it” and he wants the building to feel like “a very large carport.”

Facebook has 250 million users and has received $600 million in investments. Revenue comes from ads, including J.C. Penney and […]

Orginal post by dhiram