Tags: facebook | hiring | coronavirus

Facebook to Hire 10K Workers by Year's End

(CNBC/YouTube)

Thursday, 02 April 2020 10:29 PM

In the wake of an economy crippled by the coronavirus pandemic, Facebook COO Sheryl Sandberg announced that the company will hire 10,000 more employees to work in its engineering and product departments by year's end.

"Our hiring is keeping at a very, very aggressive clip," Sandberg said during a CNBC interview.

Sandberg made the pledge as many workers around the United States are being laid off and furloughed. Stay-at-home orders around the country have forced many employers to close their doors or drastically cut workforces.

The economic hit has led to 6.6 million people to apply for unemployment benefits, according to numbers reported by the Labor Department on Thursday. That number increased from a record 3.3 million the prior week.

Throughout the coronavirus crisis, Facebook has also helped its workers by giving each of its nearly 45,000 full-time employees $1,000 bonuses to offset childcare costs.

"We also have the responsibility to do that – to keep our own employees, but hopefully hire more because we need them," Sandberg said. "We feel fortunate to be able to do that."

In addition to helping its own workforce, Facebook is also supporting small businesses.

The company pledged $100 million in cash or ad credits to 30,000 small businesses that are struggling during the pandemic.

"We're hoping they use it to keep afloat and really to pay employees," Sandberg said. 

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In the wake of an economy crippled by the coronavirus pandemic, Facebook COO Sheryl Sandberg announced the company will hire 10,000 more employees to work in its engineering and product departments by year's end.
facebook, hiring, coronavirus
228
2020-29-02
Thursday, 02 April 2020 10:29 PM
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