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and Metaverse As a revolutionary force capable of surpassing existing technologies, Meta Platforms is taking significant steps to position itself at a higher level in the industry. Recent analysis suggests that Meta (formerly Facebook) is hiring new employees who have previously worked with global tech giants such as Microsoft and Apple to advance its Metaverse initiative. With this hiring, Meta is trying to poach people who have worked in the Metaverse field early on and have considerable expertise in the subject, who can ultimately help Meta grow the Metaverse.
according to For former Microsoft employees, nearly 100 employees moved from Teams to Meta Platforms in the past year. The employee’s account suggests that Meta is particularly focused on the services of hiring people involved in Microsoft’s HoloLens augmented reality headset project. This shows how seriously Meta takes its highly anticipated Metaverse project. The company changed its name from Facebook to Meta to underscore its growing interest in the fast-growing virtual world industry.
The WSJ team analyzed the LinkedIn profiles of people working on the HoloLens project to draw some important inferences. The portal found that more than 70 Microsoft project team members have left the company in the past year. Among them, more than 40 people joined the meta-platform in different positions. Together with experts, Microsoft has taken a critical step in AR technology, making relevant employees a valuable asset in the core industry. The HoloLens project was announced in 2016 to develop one of the most advanced headsets in the world.
To stem the flow of this labor to Meta, Apple offers its employees generous benefits. The company offers juicy stock options and hefty bonuses worth between $50,000 and $180,000 to discourage employees from switching to rival companies. In December 2021, Apple paid bonuses to some engineers in chip design, hardware, and some workers involved in software operations.
The team at Meta Platforms has been working hard to make its presence felt in the Metaverse world. Since the company changed its name to Meta in October 2021 to stand out from the social media platform hashtags, sincere dedication has been shown. Its virtual reality hardware division “Reality Labs” successfully prototyped a VR-focused “haptic glove” in November 2021. The company has also faced harsh criticism from members of the wider cryptocurrency community, blockchain, GameFi and NFT vertical.
The Metaverse industry is growing steadily, and companies like Microsoft and Apple are constantly upgrading their ecosystems to take advantage of new technologies. Microsoft CEO Satya Nadella said Metaverse helps integrate the real world and computing to create better experiences. In November 2021, Microsoft made several updates to its Teams platform and Xbox gaming cluster. The team introduced a new product for users called Dynamics 365 Connected Spaces.
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