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Facebook hikes VR hiring despite lack of market success

Source |  |  BY:Rilla O Donell

Dive Brief:

  • CB Insights analysis of over 2,000 jobs at Facebook and found that the company is “rapidly increasing headcount to strengthen its specialized product and product innovation teams.” Openings in Facebook’s Oculus VR, Instagram, WhatsApp, and Workplace by Facebook divisions totaled over 17% of the company’s open positions.
  • With a strong focus on virtual and augmented reality, Facebook Oculus accounts for almost 10% of postings company-wide. After acquiring Oculus in 2014 for $2 billion, Facebook is doubling down on the future of VR, even though consumer adoption has been slow, CB Insights says.
  • Walmart recently announced it would add VR to over 200 of its nationwide academies to train more than 150,000 employees by the end of the year. Demonstrating a test pilot, the retail giant claimed employees who trained using VR performed better and retained learning material over longer durations. Other employers, like Farmer’s Insurance and KFC, have announced similar plans.                                                                                                                                               Readon.  …. 
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