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

Key Facts

• Mark Zuckerberg has been a leading voice on the metaverse Facebook is planning to hire 10,000 people in the European Union to develop a so-called metaverse.
• The announcement comes as Facebook deals with the fallout of a damaging scandal and faces increased calls for regulation to curb its influence.
• Investing in the EU offered many advantages, including access to a large consumer market, first-class universities and high-quality talent, Facebook said.
• 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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