Morning Overview on MSN
Meta fires metaverse staff after burning through $73B
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
Facebook-parent Meta is planning to cut 10% of its workforce in Reality Labs Division which is behind the Meta Quest headsets ...
The metaverse isn't exactly a hit right now. Mark Zuckerberg has to realize that too. Layoffs are coming soon.
Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...
3don MSNOpinion
What was the metaverse?
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.
Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...
Meta is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...
CEO Mark Zuckerberg's massive bet on the Metaverse, arguing the roughly $77 billion spent on the project represents not just a corporate loss, but a broader economic failure that carries real social ...
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 ...
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.
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