2Q EARNINGS CALL: Zuckerberg On Why It’s Hard To Find Good Talent These Days

By David Cohen 

Facebook Co-Founder and CEO Mark Zuckerberg discussed the challenges the social network has faced in hiring skilled engineers in response to a question during the company’s second-quarter earnings call Wednesday.

Hillside Partners Analyst Rory Maher asked:

First, on hiring, there’s been a lot of discussion in the press about tech companies’ need for more highly skilled workers, and I’m curious if you’re feeling pressure to find that kind of highly skilled talent, and the areas you find hardest to fill, and maybe some successfully that you’re finding good engineering talent?

And Zuckerberg replied:

Hiring great people, especially engineers, is one of the biggest challenges that any technology company has. We are doing really well against the hiring goals that we have. But there is a systemic issue, where our country doesn’t produce the volume of engineers that companies would want to hire, and I think that’s a lot of what you hear these companies talking about.

We are doing really well competitively right now. We have a really strong program in colleges where we can continue to attract lot of the best people who are graduating. We do really well at hiring senior engineers from across the valley, as well. But it’s just something that we invest a huge amount of time in, and it’s really important.

Readers: Why do you think there is a shortage of engineering talent in the U.S.?

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