Facebook has announced that they want to create 10,000 jobs in Europe or the EU in order to build up the so-called Metaverse. This is a current buzzword, but it is not really clearly defined what should come out of it in the end. Ultimately, you want to "somehow" build an AR world that should exist analogously to the real world with all the variety of digital possibilities.
New employees in Europe should also work on this. According to Facebook, the goal is to work with partners to build a more immersive virtual world. This should also create new social and economic opportunities. Ultimately, the Metaverse should not just be a single company, but rather an open, interoperable platform, similar to the WWW. This requires a lot of cooperation from a wide variety of partners.
In the EU, they want to create around 10,000 new jobs within the next five years. Facebook speaks of an "exciting time" for tech in Europe. So you see opportunities to recruit highly qualified employees and win customers. It will also give the European Union a chance to help determine the rules of the Metaverse.
According to Facebook, there is a high need for qualified employees and they will work with universities and governments to attract young talent and create jobs.