Meta Planning Cutbacks for Metaverse Department Reality Labs

-Meta is planning to cut back on its Reality Labs division, which is responsible for developing apps for the virtual space.
-The cutbacks will not involve layoffs, but will instead focus on halting some projects and delaying others.
-Meta is still committed to developing for the metaverse, but is realistic about the market’s current state.

 

 

BIC metaverse future internet.jpg.optimal Meta Planning Cutbacks for Metaverse Department Reality Labs
Meta Planning Cutbacks for Metaverse Department Reality Labs 2

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