Meta planning significant workforce cuts at Reality Labs
According to reports, Meta is preparing to reduce the headcount at its Reality Labs division by approximately 10%. The move reflects ongoing challenges in the VR/AR and metaverse development sector, where the company has invested billions in building immersive technologies and spatial computing infrastructure.
This restructuring signals shifting priorities within the tech giant's metaverse ambitions. Reality Labs has been at the center of Meta's long-term vision for immersive computing and virtual worlds, but escalating costs and slower-than-expected market adoption have pressured the company to reassess resource allocation.
The potential layoffs highlight broader industry trends: major tech firms are recalibrating spending on emerging technologies and Web3 initiatives as economic conditions tighten and market realities diverge from earlier projections.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
gaslight_gasfeez
· 01-17 16:48
Haha, billions of dollars just went down the drain? The metaverse dream is shattered on site
---
So much for the immersive future, why are there layoffs again now... Capital is really very pragmatic
---
Wasn't it supposed to change the world? Turns out we still have to bow to reality, hilarious
---
Web3 is really tough this time, even Meta can't hold on anymore
---
This is called "priority adjustment," in plain terms, it's losing money...
---
Billions poured in but still not paying off, is it a technical issue or a business problem?
---
Meta's metaverse dream has finally woken up, it's time to wake up
View OriginalReply0
ser_we_are_early
· 01-17 04:09
Haha, Meta is still dreaming. Losing billions of dollars in vain is truly incredible.
View OriginalReply0
LootboxPhobia
· 01-15 06:53
Haha, is Meta starting to reflect on life again? Burning so much money and still having to lay off people, this metaverse business really can't hold up
---
Honestly, I never believed in those VR/AR gimmicks in the first place. Now, reality has taught us a lesson
---
10% layoffs may not seem like much, but what does it mean? Mark Zuckerberg's metaverse dream should wake up
---
Laughing to death, Web3, metaverse, immersive computing... talked about a bunch, but in the end, still no match for the market's ruthlessness
---
As expected, big tech companies are all cutting costs. Any emerging technology has to give way to cash flow
---
Invested billions but haven't launched yet, now they're panicking, right?
View OriginalReply0
OnchainFortuneTeller
· 01-14 17:20
Haha, I told you, no matter how loud the hype about the metaverse is, it all depends on whether the market buys into it or not.
I've seen it coming a long time ago; throwing more money at it won't help if no one uses it. Sometimes you just have to admit defeat.
Numbers don't lie. Burning money is not a viable path, and layoffs are already the most gentle approach.
Actually, no matter how good the story of Web3 sounds, in the end, it still has to be practical and useful in real life.
Zuckerberg really bet wrong this time; it feels like half of that money was wasted.
The algorithm recommended the concept stocks of the metaverse ten times, and now they’re all crashing to the ground, haha.
Alright, everyone, what’s the next hot trend? I’ll do a fortune-telling for you... Just joking, but it’s definitely time to look at the opportunities in AI.
Honestly, Meta’s move this time was a bit late; they should have done it sooner.
View OriginalReply0
MEVHunterBearish
· 01-14 17:19
Haha, so funny. After investing so much money, they still have to lay off employees. The metaverse dream is shattered.
---
Once again, market reality hits back at predictions... should have seen it clearly a long time ago.
---
10%? I bet this is not the last wave. Reality Labs will have to cut this mess sooner or later.
---
Billions of dollars wasted, Zuckerberg's gamble backfired.
---
Meta still insists on the metaverse, which is really ridiculous. They should have gone all-in on AI long ago.
---
This is the cost of a founder’s capriciousness, with other departments taking the blame.
---
The problem isn’t layoffs, but that the direction was wrong... the VR market simply can’t get off the ground.
View OriginalReply0
ImpermanentPhilosopher
· 01-14 17:15
Billions of dollars poured in and still not successful, the metaverse is indeed a tough nut to crack
---
Another round of "strategic adjustments"... basically, the money-burning just can't keep up
---
The layoffs at Reality Labs feel like Meta is waking up from the metaverse dream
---
Market reality vs. Mark Zuckerberg's daydream, in the end, reality wins haha
---
10% layoffs... I just want to know how many people are still working on this
---
Web3, metaverse, XR... a bunch of concepts all ultimately defeated by "costs are too high"
---
I've said it before, burning money doesn't equal innovation. Are you only realizing this now?
---
Tightening the economy really is a mirror to the true state, no cutting-edge technology can be trusted
View OriginalReply0
GasFeeTears
· 01-14 17:09
Spending money and laying off employees again, the metaverse business is really dragging on
---
Haha, Zuckerberg is dreaming again. Reality Labs has burned so much money and still can't make it work
---
Ten percent layoffs... shows that this track isn't as promising as it seemed
---
Web3, metaverse, AR... why does each of these things become a hot potato
---
Meta's move is just outrageous. First pouring money in, then laying off people. It takes some serious guts to do that
---
In the winter of capital, no one should pretend. No matter how loud you boast, you have to face reality
---
It's funny. The more they boasted a couple of years ago, the more embarrassing they look now. Truly
---
Honestly, it's still the technology that hasn't kept up with the speed of bragging
---
This is what they call a "long-term vision," hilarious
View OriginalReply0
BlockchainFries
· 01-14 16:51
The metaverse dream is shattered, billions of dollars wasted, this is reality.
---
Honestly, I saw it coming long ago. Who actually wears VR devices every day?
---
Another round of layoffs... These days, does anyone dare to bet on the future?
---
Haha, after investing so much, you still have to admit defeat. Many projects die because "the market isn't ready yet."
---
Meta's move is just using employees' futures as trial-and-error costs.
---
Web3, metaverse, spatial computing... these concepts have been hyped for so long, but no one is buying in.
---
So that's why I only trust Bitcoin and Ethereum. Don't bother with all that fluff.
---
10% may not sound like much, but how much has Reality Labs burned over the past few years?
---
Market reality vs. hype expectations, the reality always wins... Investors should have seen this clearly long ago.
Meta planning significant workforce cuts at Reality Labs
According to reports, Meta is preparing to reduce the headcount at its Reality Labs division by approximately 10%. The move reflects ongoing challenges in the VR/AR and metaverse development sector, where the company has invested billions in building immersive technologies and spatial computing infrastructure.
This restructuring signals shifting priorities within the tech giant's metaverse ambitions. Reality Labs has been at the center of Meta's long-term vision for immersive computing and virtual worlds, but escalating costs and slower-than-expected market adoption have pressured the company to reassess resource allocation.
The potential layoffs highlight broader industry trends: major tech firms are recalibrating spending on emerging technologies and Web3 initiatives as economic conditions tighten and market realities diverge from earlier projections.