Facebook to Hire 10,000 in EU to Build ‘Metaverse’

October 18, 2021

Facebook announced Monday that it plans to create 10,000 jobs in the European Union over the next five years to help build the Metaverses – an online world where people can move and interact with different devices in a virtual environment.

CEO Mark Zuckerberg has been discussing metaverse since July, and the buzzword, first used in a dystopian novel three decades ago, is also used by other technology companies such as Microsoft.

Zuckerberg wants the Metaverse to be accessible via VR, AR, PC, mobile devices and game consoles.

Using technologies such as virtual and augmented reality, the social media giant plans to create a larger “virtual presence” that looks like a personal interaction.

The Covid-19 pandemic has moved much of corporate meetings online, leading to the rise of conference applications like Zoom, and major technology companies are trying to capitalize on this shift.

Facebook, which has invested heavily in virtual reality (VR) and augmented reality (AR), including companies like Oculus, wants to connect its nearly three billion users across multiple devices and apps.

The tech giant has already pledged $50 million to build the Metaverse and try out a new Remote Work app, where users of Oculus Quest 2 headsets will be able to hold meetings as avatar versions of themselves.

For more information, you may view the original story from Reuters.

Top Stories

Related Articles

June 8, 2026 Apple is reportedly partnering with Google and Nvidia to power the next generation of Siri, marking a more...

June 8, 2026 More than two-thirds of fraud cases reported by Lloyds customers originated on Meta-owned platforms, according to the more...

June 5, 2026 Microsoft CEO Satya Nadella says the company's newest AI data centers consume so little water that their more...

June 5, 2026 Switzerland is transforming a massive construction site in Laufenburg into one of Europe’s largest energy storage projects. more...

Picture of TND News Desk

TND News Desk

Staff writer for Tech Newsday.
Picture of TND News Desk

TND News Desk

Staff writer for Tech Newsday.

Jim Love

Jim is an author and podcast host with over 40 years in technology.

Share:
Facebook
Twitter
LinkedIn