Facebook affirms Libra commitment with new job openings

According to the Irish Times. Facebook is planning to hire 50 people for its payment app Calibra – charged with creating a wallet for storing and sending libra – to initiate work at its Dublin offices by the end of the year.

Libra may have been scaled back, but Facebook is significantly expanding the team working to support the stablecoin project.@paddybaker_ reports https://t.co/8zy5W94HYX

— CoinDesk (@CoinDesk) April 20, 2020

According to a Calibra spokesperson, most of the openings are for recruiting a new compliance team to cooperate with regulators, and for specialists who can focus on the wallet’s fraud protection services. A new customer service team will also be hired to handle complaints – portraying that the project is preparing its launch.

Laura Morgan Walsh, Calibra’s Head of Operations stated, “We’re actively hiring experts in fraud, compliance, workforce management, and customer care to expand our operations team supporting the Calibra Wallet.” Furthermore, “We believe financial inclusion is a problem that can be solved and we are looking for more dedicated professionals to join us.”

Facebook first came to Ireland in 2009. Due to the country’s low taxes, it set up its European headquarters in the capital. Since 2009, the employees of Facebook and its partner companies in Ireland have increased from 30 to more than 5,000 people. It is expected that the Calibra recruitment drive could take its Irish presence up to 7,000 people by the end of 2020. 

Monday’s news comes about a week after the Libra Association stated that it was going to reduce its plans to appease governments and central bankers. Instead of one crypto attached to a basket of currencies, the new design will feature multiple Libras launch, each fixed to different fiats, such as the U.S. dollar and the euro.

Calibra has advertised for 26 job opportunities for its headquarters in Menlo Park, California. Most of these openings are for developers, backend staff, and compliance officers. Despite advertising for about a month, however, Calibra’s LinkedIn profile shows that most of the job openings have one or two applicants.