Meta Weighs Cuts to Its Metaverse Unit - The New York Times Meta Weighs Cuts to Its Metaverse Unit Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially . . . Executives are considering potential budget cuts as high as 30 per cent for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, according to people familiar with the talks, who asked not to be named while discussing private company plans
Meta stock climbs 3% on report of planned metaverse cuts - CNBC Meta stock climbed after Bloomberg reported that the company was looking to make cuts to the metaverse unit The budget cuts could be as high as 30% for the unit and would likely include layoffs
Meta reportedly plans to slash Metaverse budget by up to 30% Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources Company executives are mulling slashing the virtual reality platform’s budget