The Palo Alto, Calif. company will open an office in Austin, creating 200 sales and operations jobs, and will be the first major U.S. expansion outside of its headquarters. In addition to the state incentive, Austin has offered the company a $200,000 incentive.
Gov. Rick Perry's office reports that Facebook is investing about $3.1 million to begin operations in Texas. Perry also said that the new jobs will enhance Central Texas' technology industry and help strengthen the economy.
Facebook employs about 800 people and reported around $50 million in revenue in 2009. According to city documents, the local jobs will have salaries averaging around $54,000.
“Facebook continues to grow and Austin, with its deep talent pool, would allow us to hire the high-caliber employees we need to properly serve the people, advertisers and developers that rely on our service,” Facebook Chief Operating Officer Sheryl Sandberg said.
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