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Meta reportedly plans to slash Metaverse budget by up to 30%, includes layoff

7 days ago
https://techcrunch.com/2025/12/04/meta-reportedly-plans-to-slash-metaverse-budget-by-up-to-30/
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  • #Meta
  • #Budget Cuts
  • #Metaverse
  • Meta may cut its Metaverse division's budget by up to 30%, including layoffs.
  • The potential cuts reflect low interest in Horizon Worlds and VR hardware.
  • Investors have been skeptical of Meta's Metaverse investments due to heavy losses.
  • Meta's AI and smart glasses efforts have seen more success.
  • Meta's shares rose following the report about potential budget cuts.
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