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Amazon Is Planning To Create Over 1,500 Jobs In Saudi Arabia

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amazon is planning to create over 1500 jobs in saudi arabia
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E-commerce giant, Amazon, has recently announced its plan to open 11 brand new buildings across Saudi Arabia. Once all the new buildings are opened, which should happen by the end of 2021, they will create over 1,500 new jobs.

Right now, Amazon has three warehouses in Saudi Arabia, referred to as fulfillment centers, located in Riyadh and Jeddah. With the planned buildings, Amazon’s total floor area is supposed to reach 867,000 square feet, or about 80,000 square meters.

Amazon wants to enhance its storage capacity by 89 percent and its geographical delivery network by 58 percent to better cope with the growing demand for its services in the region. In addition to building new facilities, the company will also upgrade existing ones to enable faster, smarter, and more consistent deliveries of products to customers.

“These new investments reiterate our commitment to Saudi Arabia, contributing to the local economy through the creation of new job opportunities,” said Prashant Saran, Amazon’s Middle East and North Africa director of operations.

“Our investments in technology and infrastructure align with Saudi’s digital transformation goals, enabling world-class fulfillment offerings to our independent seller partners, and faster delivery on an expanded product selection to our customers,” Saran added.

Amazon is among the biggest winners of the COVID-19 pandemic. Its net profit increased by 84 percent to $21.3 billion as revenue grew 38 percent to $386.1 billion. In January of this year, the company launched its Amazon Prime service in Saudi Arabia, offering many convenient perks to Saudi shoppers, including free same-day and next-day delivery.

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A small survey of nearly 1,000 Saudi shoppers conducted by advertising platform Criteo last year found that 58 percent of Saudis now prefer online shopping to in-store shopping, and 35 percent see the cost of shipping as a big factor in their decision-making process.

With the new facilities, Amazon will be ready to expand its presence in the region even further to meet customers’ growing expectations.

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Facebook Will Create 10,000 Jobs In The EU To Build Its Metaverse

Facebook decided to invest in the EU because the company believes that European talent is world-leading, supported by first-class universities.

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Facebook has announced that it wants to create 10,000 jobs in the European Union (EU) to build its metaverse, a virtual reality space in which users can interact with a computer-generated environment and other users.

The concept of the metaverse can be traced to Neal Stephenson’s 1992 cyberpunk novel Snow Crash. In the novel, the metaverse is a virtual shared space that appears to its users as an urban environment. This space is accessed through personal terminals connected to virtual reality goggles.

Sound familiar? That’s because the metaverse is quickly becoming a reality thanks to companies like Oculus, a subsidiary of Facebook, and the combined effort of developers and content creators from around the world.

By creating thousands of new high-skilled jobs within the EU over the next five years, Facebook wants to accelerate the development of the metaverse to usher in a new phase of interconnected virtual experiences, enabled by technologies like virtual and augmented reality.

“At its heart is the idea that by creating a greater sense of ‘virtual presence,’ interacting online can become much closer to the experience of interacting in person,” said Nick Clegg, Facebook’s vice-president of global affairs. “The metaverse has the potential to help unlock access to new creative, social and economic opportunities”.

According to the official announcement, Facebook decided to invest in the EU because the company believes that European talent is world-leading, supported by first-class universities. Facebook also mentioned the role European policymakers are playing in shaping the internet, so it’s likely that the investment has a political dimension to it.

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Aware of its tarnished reputation, the social media giant stressed that no single company would own and operate the metaverse — just like no single company owns the internet today. Of course, that doesn’t change anything about the fact that Facebook wants to play a huge role in it.

Earlier this year, Mark Zuckerberg told his employees that Facebook is becoming a metaverse company with the goal of building a set of connected social apps and supporting hardware. The recently released Horizon Workrooms remote collaboration app for the Oculus Quest 2 headset can be seen as an early piece of the much larger puzzle the metaverse will become in the future.

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