Facebook will need to attract more talent if it wants to be a "metaverse" company. Facebook has revealed plans to create 10,000 new "high-skilled jobs" across Europe over the next five years in order to expand its virtual and augmented realities experiences. This recruiting drive will recruit workers from France, Germany and Spain, as well as Italy, Spain, Ireland, Italy, Spain, the Netherlands, Poland, and Spain.
Facebook described the move as a vote of confidence in Europe's tech sector. Although it has a large customer base to which it can point, the social media company also highlighted cutting-edge teams in many fields and "first-class" university education. Facebook even praised the EU's "leading policies" on issues such as freedom of speech and privacy, despite its encounters with regulators.
Already, the tech giant has a Reality Labs office located in Cork, Ireland. It also has an AI research laboratory in France. Facebook and the Technical University of Munich teamed up to create an AI ethics center in 2019.
This announcement, like many others, is both a PR move and a practical investment. It could'remind' Europe of Facebook's economic contributions and help to shape relevant policies. The move does not indicate that Facebook is simply shifting a few resources, but it is altering its overall direction.