Facebook to hire 10,000 employees for metaverse project

Social media network Facebook said it is planning to hire 10,000 in the European Union over the next five years to build metaverse – a nascent online world where people exist and communicate in shared virtual spaces.
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In September, Facebook committed $50 million towards building the metaverse. Tech companies like Roblox and Fortnite maker Epic Games have an early foothold in building the metaverse, Reuters reported.

Facebook earlier launched a test of a new virtual-reality remote work app where users of the company’s Oculus Quest 2 headsets can hold meetings as avatar versions of themselves.

Facebook in July said it was creating a product team to work on the metaverse which would be part of Facebook Reality Labs, its augmented reality and virtual reality group.