Facebook targets EU workers to help build metaverse, bring social, economic cpportunities

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Facebook targets EU workers to help build metaverse, bring social, economic cpportunities
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Once inside this virtual world, users can hold virtual meetings and use cryptocurrencies or other means to buy virtual land, clothes and digital assets.

Facebook announced plans Sunday to hire 10,000 workers in the European Union over the next five years as it seeks to bring its new “metaverse” computing platform to life, but the move has raised some concerns over privacy and the hold of social sites on people's lives.

The company also is contending with antitrust crackdowns, the testimony of whistleblowing former employees and concerns about how it handles vaccine-related and political misinformation. Facebook's recruiters are targeting Germany, France, Italy, Spain, Poland, the Netherlands and Ireland for the hiring drive.

The social network isn't the only one working on the metaverse, and Facebook acknowledged that no single company will own and operate it. Other players include Fortnite maker Epic Games, which has raised $1 billion from investors to help with its long-term plans for building the metaverse. But there are concerns Facebook and a handful of other Silicon Valley giants would end up monopolizing the metaverse and use it to collect and profit from personal data, mirroring the situation now with the internet.

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