Facebook announces creation of 10,000 new jobs in EU
Facebook announced today that it will create 10,000 new jobs in the European Union (EU) over the next five years and put the region at the center of its plans to help build the metaverse.
“Facebook is at the beginning of a journey to help build the next computing platform” and “together with other people and entities” is “developing what is called the metaverse: this is an ambitious project that aims to create virtual spaces for people who are not physically together to come together, through the use of technologies such as virtual and augmented reality”.
At the heart of the metaverse, explains the social network, “is the idea that, by creating a greater sense of ‘virtual presence’, ‘online’ interaction can become much closer to the experience of personal interaction.”
For the social network, the metaverse “has the potential to help unlock access to new creative, social and economic opportunities” and Facebook believes Europeans will shape the metaverse from the start.
“No company will own and operate the metaverse”, they add, adding that, “just like the Internet, its main characteristic will be its openness and interoperability”.
Bringing it to life “will require collaboration and cooperation between companies, developers, creators and policymakers” and for the social network it will also require “continuous investment in product and technological talent, as well as growth across the enterprise”.
So “today we announce a plan to create 10,000 new highly skilled jobs in the European Union (EU) over the next five years,” says Javier Olivan, vice president for ‘central product services’ at Facebook, in the post about the ad .
“This investment is a vote of confidence in the European technology industry and in the potential of European technological talent”, he stresses.
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The social network stresses that Europe is “extremely important” for the company and “this is an exciting time for European technology“.
Facebook points out that the EU has “a number of advantages that make it a great place for tech companies to invest — a large consumer market, top universities and, most importantly, high-quality talent.”
They point out that European companies “are at the forefront of various fields, be it biotechnology, the German one that helped develop the first MRNA vaccine, or the coalition of European neobanks that lead the future of finance.”
For example, “Spain has record levels of investment in ‘startups’ that solve everything, from online grocery delivery to neuroelectronics, while Sweden is on the way to becoming the world’s first cashless society in 2023”, he exemplifies.
“Facebook has long believed that European talent is the world leader and that’s why it has invested so much in it over the years — from funding grants at the Technical University of Munich to opening its first major European research laboratory the AI and FAIR accelerator program in France, and the debut of the Facebook Reality Labs office in Cork,” recalls the social network.
Facebook also stresses that the EU has an “important role to play in defining new Internet rules” and that European lawmakers “are leading the way in helping to embody European values such as freedom of expression, privacy, transparency and rights of individuals in the daily work of the Internet”.
The social network says it “shares these values and has taken considerable steps over the years to defend them”, hoping to “see the completion of the Digital Single Market to support the advantages that exist in Europe as well as the stability of international data flows, that are essential for a thriving digital economy”.
Highlighting the urgent need for highly skilled engineers, Facebook says it is looking forward to working with governments across the European Union to find the right people and the right markets to take this forward as part of an upcoming recruitment effort throughout the region.