Meta's metaverse division is undergoing a large-scale personnel adjustment, with 1,500 employees facing layoffs. Behind this round of layoffs, there seems to be a deeper issue—the decision to rebrand may not have had the desired effect.
From Facebook to Meta, this name change carried Zuckerberg's grand vision for the future. However, the market's response has been quite lukewarm. The concept of the metaverse has fallen from the hype peak to the trough, and the hundreds of billions of dollars invested do not seem to have yielded the expected returns. In this context, large-scale layoffs have become an inevitable adjustment.
Some may ask, what other names could be changed to save the situation? Honestly, renaming may not be effective. The key lies in whether the product itself can truly meet user needs, rather than relying on a new brand label. The current focus, I fear, is that Meta needs to reassess its metaverse strategy rather than obsess over the name.
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P2ENotWorking
· 20h ago
Hundreds of billions wasted, renaming won't save a bad product
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Zuckerberg's gambler mentality, ultimately taught a lesson by reality
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The metaverse is dead, but layoffs have really begun
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1500 layoffs are just the appetizer, there's more to come
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Renaming, constantly thinking about changing names, why not improve the product itself?
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Basically, it's just burning money until there's none left. Now you should be sober, right?
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Haha, it's really ironic. They hyped it up so much back then, now layoffs are so brutal
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Meta's recent moves are truly disappointing; even once-dominant giants can crash
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Instead of renaming, it's better to figure out how to survive. That's the top priority
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Hundreds of billions of dollars fed to the dogs, and they still have the nerve to ask what to rename
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DefiVeteran
· 20h ago
Haha, changing the name can't save a bad product. It's about time to face reality.
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Hundreds of billions of dollars wasted, this is what you call a risky gamble gone wrong.
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Zuckerberg is still too stubborn; he should listen to the market's voice.
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Instead of changing the name, why not use the money to do something truly useful?
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1500 people unemployed, paying the price for a幻想的元宇宙, it's not worth it.
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Basically, it's that technology can't keep up with imagination; renaming ten times won't help.
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This round of layoffs is actually paying for the arrogance of the past, isn't it?
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What's the point of rebranding when no one uses the product? The root is broken.
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Hundreds of billions burned, only to find out users don't need the metaverse at all. Damn.
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Still the same sentence: good products aren't afraid of having no name; bad products changing names is useless.
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NeverPresent
· 20h ago
Hundreds of billions of dollars wasted, is this the price of dreams?
Renaming can't save the product, it's time to face reality.
Zuckerberg should wake up, who really wants to wear VR glasses?
It's the same old game of renaming, nothing new.
1500 people laid off just for a virtual dream, how ironic.
The metaverse is dead, Meta is still struggling to survive.
Instead of fussing over names, think about how to create something truly useful.
They've burned through money and started shifting blame, a familiar script.
Basically, they bet on the wrong direction, now it's time to end it.
Rename? Better to change the product, that's the real key.
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shadowy_supercoder
· 21h ago
Haha, the name change strategy failed, now it's time to cut people.
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Spending hundreds of billions just to change a name, this logic is really brilliant.
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Treating a name change as a silver bullet, if the product doesn't work, changing the name a hundred times is useless.
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Who still believes in the metaverse concept now? That's hilarious.
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Only after 1,500 people paid the price did they realize that changing the name can't fix the issue of poor VR headset sales.
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Basically, they bet on the wrong direction. Now they want to turn things around by changing the name? Wake up.
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From Facebook to Meta, that was a big leap, and they missed the mark.
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Instead of changing the name, they should change their approach, but it seems Meta hasn't figured that out yet.
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Investors are probably feeling pretty bad right now, hundreds of billions just wasted.
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The metaverse has been cooling off for nearly two years, and they're only now taking action? That's a bit slow.
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Changing the name is just a distraction; no one is really trying to solve the core problems.
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Haha, looking at this mess, it seems Zuck's foresight has backfired.
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WenMoon42
· 21h ago
Hundreds of billions poured in, yet it still can't win back users' hearts...
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Honestly, changing the name can't fix the core problems of the product itself. This should have been clear a long time ago.
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1500 people's jobs are gone, all because of Old Zha's gamble back then...
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Who still believes in the concept of the Metaverse now? Really.
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Instead of changing the name, it's better to focus on making a good product. Why is this such a simple truth so hard to understand?
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Another story of a "great vision" shattered. Investors should wake up.
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It feels like Meta is just shifting the blame now, starting with the wrong direction from the name change.
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The wave of layoffs is coming. Will the crypto world have to shake again?
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Hundreds of millions of dollars wasted. Who would have thought the Metaverse would turn out like this?
Meta's metaverse division is undergoing a large-scale personnel adjustment, with 1,500 employees facing layoffs. Behind this round of layoffs, there seems to be a deeper issue—the decision to rebrand may not have had the desired effect.
From Facebook to Meta, this name change carried Zuckerberg's grand vision for the future. However, the market's response has been quite lukewarm. The concept of the metaverse has fallen from the hype peak to the trough, and the hundreds of billions of dollars invested do not seem to have yielded the expected returns. In this context, large-scale layoffs have become an inevitable adjustment.
Some may ask, what other names could be changed to save the situation? Honestly, renaming may not be effective. The key lies in whether the product itself can truly meet user needs, rather than relying on a new brand label. The current focus, I fear, is that Meta needs to reassess its metaverse strategy rather than obsess over the name.