Facebook to hire 10,000 in EU to work on metaverse

Facebook is planning to hire 10,000 people in the European Union to develop a so-called metaverse. "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," Facebook said in a blog post. Investing in the EU offered many advantages, including access to a large consumer market, first-class universities and high-quality talent, Facebook said. Facebook has made building the metaverse one of its big priorities. Despite its history of buying up rivals, Facebook claims the metaverse "Won't be built overnight by a single company" and has promised to collaborate.

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