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Facebook plans to hire 10,000 in EU to build ‘metaverse’

Published by maria gbaf

Posted on October 18, 2021

2 min read
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Facebook to Recruit 10,000 in EU for Metaverse Creation

(Reuters) – Facebook Inc plans to hire 10,000 in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse – a nascent online world where people exist and communicate in shared virtual spaces.

This would be a significant step the company is taking towards the concept, something top boss Mark Zuckerberg has touted in recent months.

In September, Facebook committed $50 million towards building the metaverse, where companies like Roblox Corp and “Fortnite” maker Epic Games have an early foothold.

The company earlier launched a test of a new virtual-reality remote work app where users of the company’s Oculus Quest 2 headsets can hold meetings as avatar versions of themselves.

Facebook also said in July it was creating a product team to work on the metaverse which would be part of Facebook Reality Labs, its augmented reality and virtual reality group.

“This investment (in new jobs) is a vote of confidence in the strength of the European tech industry and the potential of European tech talent,” the company said.

“Europe is hugely important to Facebook.”

(Reporting by Eva Mathews in Bengaluru; Additional reporting by Sheila Dang in Dallas; Editing by Maju Samuel)

Key Takeaways

  • Facebook plans to hire 10,000 people in the EU.
  • The hiring is for building the metaverse.
  • Facebook has committed $50 million to the metaverse.
  • The initiative supports European tech talent.
  • Facebook Reality Labs leads the metaverse project.

Frequently Asked Questions

What is the main topic?
Facebook's plan to hire 10,000 in the EU for metaverse development.
What is the metaverse?
A virtual world where people can interact in shared spaces, being developed by companies like Facebook.
How much is Facebook investing in the metaverse?
Facebook has committed $50 million towards building the metaverse.

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