MENLO PARK — Facebook has announced a significant new initiative in the European Union, committing to the creation of 10,000 high-skilled jobs over the next five years. This bold move comes as part of the company’s wider efforts to develop the metaverse, a new phase in virtual interactions that aims to replicate the richness of in-person experiences through technologies like virtual and augmented reality.
According to the announcement, Facebook’s investment is seen as a vote of confidence in the region’s tech industry, which boasts a large pool of talent and innovative companies. From leading advancements in biotech to pioneering fintech solutions, European companies are playing a key role in shaping future industries. Facebook also highlighted its long-standing relationship with the European tech scene, referencing collaborations with top universities and investment in AI and virtual reality research hubs across the region.
This initiative aligns with Europe’s progressive stance on digital regulation. European policymakers are at the forefront of embedding principles such as privacy, transparency, and free expression into the online world, values that Facebook has expressed its support for. In this context, Facebook’s new recruitment drive will focus on finding specialized engineers to help bring the metaverse vision to life.
The announcement marks a significant milestone in Facebook’s European strategy, underscoring the company’s commitment to investing in local talent and driving innovation across the continent.