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Meta to cut metaverse budget

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Overview
ET Now on MSN · 12h
Meta to cut metaverse budget; Facebook owner likely to go for layoffs?
Meta is set to cut up to 30 per cent of resources in its metaverse division, with potential layoffs starting January, as the company shifts focus to AI and hardware products.

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 · 19m
Meta CEO Mark Zuckerberg went all in on the metaverse. Now Reality Labs is facing big cuts.
 · 8h
Meta stock price: META rises on report that Zuckerberg will cut up to 30% of metaverse division
 · 14h
Meta stock surges 5% after Mark Zuckerberg unveils plans for metaverse - here's the breakdown
Executives are reportedly considering budget cuts of up to 30% for Meta’s metaverse division next year, which includes the virtual worlds product Meta Horizon Worlds and the Quest virtual reality unit...

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 · 14h
Mark Zuckerberg plans deep cuts to metaverse division as Meta shifts focus to AI
The Financial Express · 12h
Why did Meta stock jump 5% today? CEO Zuckerberg’s new plans excites market
1don MSN
Leaked memo reveals Meta’s harsh work policy change
This week, Meta made an announcement that its hybrid Instagram employees will hate. Most U.S. Instagram workers will have to return to the office five days a week starting in February, according to an internal memo viewed by Business Insider.
2don MSN
I was laid off by Meta as a 'low-performer.' I feel it's part of the reason I still can't find a job, 9 months later.
Brittney Ball is struggling to find work nine months after her Meta layoff. She's using this time to start her own tech company and go to college.

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