Facebook To Add 10,000 Jobs In EU For Metaverse Project

Source: AdobeStock/natanaelginting

With Facebook advancing its project to become “a metaverse company,” functioning in an “embodied internet” that blends real and virtual worlds, the platform has unveiled a plan to rollout some 10,000 new high-skilled jobs across the European Union (EU) over the next five years.

“The metaverse has the potential to help unlock access to new creative, social, and economic opportunities. And Europeans will be shaping it right from the start,” Nick Clegg, Facebook’s Vice President for Global Affairs, and Javier Olivan, the company’s Vice President for Central Products, said in a joint statement.

“This investment is a vote of confidence in the strength of the European tech industry and the potential of European tech talent,” they added.

The latest development follows last month’s move in which the company announced a two-year USD 50m investment in global research and program partners to support "a responsible development" of the metaverse.

The company did not disclose which of the bloc’s 27 member states will host Facebook’s new employees, but named several countries to demonstrate the advantages that in its opinion make Europe “a great place for tech companies to invest”.

European companies are "at the cutting edge of several fields," they said, be it "the German biotech helping to develop the first-ever MRNA vaccine or the coalition of European neo-banks leading the future of finance." Furthermore, Spain is seeing "record levels of investment into startups solving everything from online grocery delivery to neuroelectronics, while Sweden is on its way to becoming the world’s first cashless society by 2023,” according to the platform.

Facebook maintains a diversified presence in Europe’s job markets, and is currently recruiting more than 600 employees for its offices located in Belgium, the Czech Republic, Denmark, France, Germany, Ireland, Italy, the Netherlands, Norway, Poland, Spain, Sweden, Switzerland, and the UK.

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