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Meta's Zuckerberg plans deep cuts for metaverse

Meta’s Zuckerberg plans deep cuts for metaverse efforts

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.

· 15h · on MSN

Meta shares climb on report Mark Zuckerberg plans to ax up to 30% of metaverse budget

· 11h

Meta set to slash spending on metaverse as Zuckerberg shifts focus to AI

· 15h

Meta is reportedly going to slash spending on the metaverse

Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg.

· 9h

Meta to cut up to 30% of metaverse budget, Bloomberg News reports

· 17h

Meta CEO planning cuts in Metaverse projects by up to 30% - report

14hon MSN

Mark Zuckerberg planning to cut budget by billions of dollars for the project for which Facebook and Instagram owner changed its name

Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse division, including virtual worlds and VR units. This comes as the company shifts its focus towards artificial intelligence development,

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Meta CEO could pull back on metaverse resources

Meta Platforms CEO Mark Zuckerberg (pictured) reportedly hatched a plan to eliminate a chunk of resources for its metaverse group.