The reason Meta “steals” so many employees from Microsoft is not a rivalry between the two companies – Microsoft was among the first investors in Facebook, when in 2007 it invested $ 240 million in a valuation of $ 15 billion for the social network – which means that today the same amount, if Microsoft Retained its shares, worth 59.5 times that (since this is the multiplier it has risen since the company’s value, which now stands at about $ 892.7 billion), i.e. $ 14 and a quarter billion. Facebook’s “chase” of Microsoft employees is due to the fact that the latter has been ahead of the entire virtual reality market for many years, so every employee in its division is considered to have advanced knowledge on several levels from anyone who has not worked on Microsoft’s augmented reality glasses.
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The HoloLens glasses, which display a kind of virtual hologram on transparent screens in front of the wearer’s eyes in a way that looks like the holograms “touch” objects in the real world, were introduced by Microsoft in January 2015 – that is, 7 years ago. About a year later they went on sale, and since then they are considered to be the most advanced glasses created in the field of augmented and virtual reality. Now, Meta is betting that this domain is her future – and has even changed its name to express it. Therefore, it is no wonder that it is using its deep pockets in every way possible to increase its efforts in the field – and the HoloLens division, which employs about 1,500 people, is the main “victim”, although workers also noted that Apple’s equivalent division has not yet introduced a product. Stolen “Meta quite a few employees. Meta itself recently stated that it intends to hire 10,000 workers in the virtual and augmented reality field in Europe alone for the next 5 years.