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Meta (META) Launches $115 Million Workforce Academy for Data Centers

Published on · Source: finance.yahoo.com

Meta (META) Launches $115 Million Workforce Academy for Data Centers

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Summarized by AI from the source below

Meta (META) has announced the launch of America's Workforce Academy, a $115 million initiative aimed at training skilled trade workers for data center construction jobs. Graduates will be guaranteed employment at Meta's data center sites, with costs covered for participants through scholarships and stipends. The program will pilot in cities including Baton Rouge, Louisiana, and Columbus, Ohio. This initiative is in response to the anticipated need for approximately 349,000 additional workers in the construction industry by 2025 to meet demand, as identified by industry estimates.

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About Meta Platforms Inc. (META)

Meta Platforms owns Facebook, Instagram, WhatsApp, and Messenger, earning almost all of its revenue from digital advertising while investing heavily in AI and the metaverse.

The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.

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