Facebook plans to hire 10,000 in EU for its ‘metaverse’

Facebook Inc plans to create 10,000 jobs in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse – an online world where people can use different devices to move and communicate in a virtual environment.
Chief Executive Mark Zuckerberg has been talking up metaverse since July and the buzzy word, first coined in a dystopian novel three decades earlier, has been referenced by other tech firms such as Microsoft.
“No one company will own and operate the metaverse,” Nick Clegg, Facebook’s vice president of global affairs, wrote in a blog post. “Bringing this to life will take collaboration and cooperation across companies, developers, creators and policymakers.”