Facebook to hire 10, 000 people in Europe to build its'metroverse'

297
2
Facebook to hire 10, 000 people in Europe to build its'metroverse'

Facebook is planning to hire 10,000 people in the European Union for the next five years to help build its metaverse, the social media giant has announced.

In September, it invested $30 m 36.4 m 38.4 m towards building the online world, while the likes of Roblox and Epic Games had an early stake in it.

An earlier announcement brings Mark Zuckerberg's company one step closer to developing the so-called metaverse

It has tested a VR remote working app on its Oculus platform, which allowed users to use the Quest 2 headset to hold meetings using avatar versions of themselves.

Interacting online can become much closer to the experience of interacting in person, Facebook said.

Our re announcing a plan to create 10,000 new high-skilled jobs in the European Union over the next five years.

This investment is a vote of confidence in the strength of the European tech industry and the potential of European tech talent.

Europe is hugely important to Facebook. From the thousands of employees in the EU to the millions of businesses using our apps and tools every day, Europe is a big part of our success as Facebook is invested in the success of European companies and the wider economy.

This is an exciting time for European technology. The EU has a number of benefits that make it a great place for tech companies to invest in a top-quality consumer market, first-class universities and, crucially, first-class talent. It said it would work with experts in government, industry, and academia as its success depends on building robust interoperability across services so different companies experiences can work together. And while Facebook has a reputation for buying rivals, it states that the metaverse will encourage competition and maintain a thriving digital economy.