The social media's New York City expansion could set up Facebook for a clash with some of the biggest firms in finance, like Goldman Sachs Group Inc, which is looking to recruit more than 100 coders for tech-related roles over the next few months in its biggest hiring spree in years. — AFP
Watch out Wall Street, Facebook Inc is coming for your engineers.
The Menlo Park, California-based social media giant plans to double its headcount in New York City, aiming to hire more than 3,000 people over the next three to five years, according to a company spokesman. About half of its existing staff in the city are engineers, or some 1,600, and poaching such workers from the finance sector is "quite common” at Facebook, he said.
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