Facebook Plans to Create 50 New Jobs in Ireland for its Payments Subsidiary Calibra
Where several other businesses have cut down jobs because of the COVID-19 crisis, the social media giant Facebook continues to add more. The company has revealed its plans on Monday to develop 50 more new job opportunities by the end of this year for its payment subsidiary Calibra in Ireland. According to the report of the Irish Times, the social media giant considers its Irish operations very crucial for the company therefore it has planned to invest more and more in Ireland.
New jobs to expand Calibra’s small team
Facebook established the company Calibra last year for its proposed stablecoin project Libra which focuses on financial services and currently, it has a very small team of members in Dublin. The company wants to expand this small team of Calibra by hiring 50 more people.
The head of operations at Calibra Laura Morgan Walsh says that we need to expand our Calibra’s operations team and therefore we are hiring a few new people who are experts in different fields. According to Laura Morgan:
“During this time of global uncertainty, we’re continuing to invest in our team located in Dublin. We’re actively hiring experts in fraud, compliance, workforce management, and customer care to expand our operations team supporting the Calibra wallet.”
Amid the global financial turmoil, Facebook’s team is continuously and actively working on improving and expanding its Libra project which has been facing regulatory issues since the year of its establishment. The company is actively hiring more people and wants to keep this work done by the end of this year.
Facebook has made this announcement right after the Libra Association announced to make a bunch of new changes to its stablecoin project to overcome the regulatory concerns and to deal with regulators. Several partners kicked off the Libra project because of its regulatory issues. The company hopes that these new key changes to the design of the Libra project will be helpful in overcoming the regulatory concerns.
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