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Meta is setting up a new facility in Spain as part of its regional expansion plan there. It will also be investing in tech talents and groundwork to support innovation in the country.
Meta, which owns Facebook, revealed on Tuesday, March 15, that it will be hiring at least 2,000 employees over the next five years in the Spanish land. This is the region where the company is planning to base its new development plans.
It was reported that the people who will be hired are set to be deployed in the company’s first “lab.” They will mainly be given roles for the said facility and the best thing is that it will also be offering a flexible work set up for remote workers.
According to Reuters, with Meta’s new investment and development in Spain, the country will become a crucial link for the company’s growth and expansion in Europe. This is because its two transatlantic subsea cables linking the territory with the Americas and Africa are arriving in Spain.
The cables will allow Meta to start the process of building a new Data Centre that will rise in Castile-La Mancha located in central Spain. It will also launch a Metaverse Innovation Hub in partnership with Telefonica, a local telecom firm.
“Today, we are announcing a significant investment in people and infrastructure in Spain. As our company prepares to help build the metaverse, we are placing Spain at the heart of our plans through the creation of new, high skilled jobs, support for local entrepreneurs, tech businesses, and investment in vital digital infrastructure,” Cross-Meta products and infrastructure vice president, Javier Olivan, wrote in a blog post.
He added, “We hope that our new Meta Lab can play an important role in Spain’s tech scene and help lay the foundations for Spain to benefit from the metaverse. It will be a space for partnership, collaboration, and innovation.”
Finally, part of Meta’s additional investments will be allocated for the Spanish tech sector, which the company has great confidence in its strength. The Menlo Park, California, headquartered company, is also looking forward to working with Spanish tech talents that it sees to have a lot of potential.
