Facebook to create 10,000 new jobs across the EU
Ireland may be able to receive a substantial number of new jobs from social media giant Facebook, which is expected to create 10,000 new jobs in the EU over the next five years.
The investment is part of his plans to help build a new computing platform based on interconnected virtual experiences using technologies such as virtual and augmented reality and known as the metaverse.
The social network will not say how much Ireland will benefit from the expansion.
However, since the company’s EMEA headquarters are located in this country, it is expected that a portion of the positions will be based here.
âFacebook is at the start of a journey to help build the next computing platform,â said Gareth Lambe, head of Facebook Ireland.
“Facebook Ireland has played a significant role in the growth and success of our business to date.”
“Today’s announcement is a commitment to grow in Ireland and across Europe and to our long-term investment in European talent to help build the metaverse.”
Facebook previously announced that most of its employees can choose to work full-time remotely from a number of European countries, if their jobs allow it, and the same policy will apply to new hires.
The new roles will be a mix of office and remote work and will include positions in engineering, products and related business functions.
In a blog post, Nick Clegg, vice president of global Facebook affairs and Javier Olivan, vice president of core products, said the metaverse is based on the idea that by creating a greater sense of “presence virtual â, online interaction can become much closer to the experience of interacting in person.
âThe metaverse has the potential to help unlock access to new creative, social and economic opportunities,â they said.
“And the Europeans will shape it from the start.”
They added that the investment is a vote of confidence in the strength of the European tech industry and the potential of European tech talent.
âThe EU has a number of advantages that make it an ideal location for tech companies – a large consumer market, top-class universities and, most importantly, top-quality talent,â they wrote.
Facebook has come under heavy criticism in recent weeks following the emergence of research that has revealed the detrimental effects of Instagram on children’s mental health.
The social network also suffered a major outage on its multiple platforms, which prevented users from accessing the services.
The Data Protection Commission has also fined WhatsApp â¬ 225 million for a series of data protection breaches.
Despite the increased regulatory scrutiny the company is subject to in Europe, the Facebook blog referred to the “important role” it says the EU must play “in shaping new internet rules”.
“European policymakers are leading the way in helping to integrate European values ââsuch as freedom of expression, privacy, transparency and the rights of individuals into the day-to-day functioning of the Internet,” wrote Mr Clegg and Olivan.
“Facebook shares these values ââand we have taken significant steps over the years to uphold them.”
“We hope to see the completion of the Digital Single Market to support Europe’s existing advantages, as well as the stability of international data flows which are essential for a thriving digital economy.”