Meta appears to be trimming its Reality Labs division, with reports indicating a 10% workforce reduction across the unit. This move reflects the company's reassessment of its metaverse and XR ambitions, signaling potential shifts in how tech giants are approaching Web3-related ventures. The cuts suggest Meta may be recalibrating spending priorities amid competitive pressures and evolving market conditions.
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GweiWatcher
· 01-15 22:53
The metaverse dream shattered, and people are being cut down again—no wonder it's Zuckerberg.
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MEVictim
· 01-15 17:46
Meta is starting to lay off again, this time affecting Reality Labs... Looks like the metaverse dream isn't as appealing as it seems.
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SnapshotLaborer
· 01-14 08:24
Meta is starting to lay off employees again, it seems the metaverse dream isn't that valuable after all.
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UnluckyLemur
· 01-13 00:59
Haha, as expected, I can't hold on anymore. Meta's metaverse dream is about to fade away.
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LiquidationWatcher
· 01-13 00:59
ngl, meta pulling back on reality labs feels like watching 2022 all over again... when the big money starts trimming, health factors get ugly real fast. been there, lost that with overextended positions. these 10% cuts? that's just the margin call nobody's talking about yet. protect your bags while you still can, fr fr.
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HashRateHustler
· 01-13 00:57
The metaverse dream has shattered, and Zuckerberg's move is indeed a bit awkward.
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GasFeeNightmare
· 01-13 00:56
10% layoffs, Meta is really scared. The metaverse that was hyped up so much before is now shrinking... I should have guessed. I stayed up late calculating gas fees, thinking about whether to buy some metaverse concept coins, and now it’s like this.
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CounterIndicator
· 01-13 00:54
Meta's recent cut in Reality Labs, to put it simply, is the realization that burning money to buy the future is no longer feasible.
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WalletsWatcher
· 01-13 00:38
Meta is laying off again, this time it's Reality Labs. It seems Zuckerberg can't hold on anymore.
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0xInsomnia
· 01-13 00:33
Meta is cutting staff again, with a 10% layoff at Reality Labs... Is the metaverse dream truly over?
Meta appears to be trimming its Reality Labs division, with reports indicating a 10% workforce reduction across the unit. This move reflects the company's reassessment of its metaverse and XR ambitions, signaling potential shifts in how tech giants are approaching Web3-related ventures. The cuts suggest Meta may be recalibrating spending priorities amid competitive pressures and evolving market conditions.