RIP Metaverse! Facebook Owner Meta Lays of THOUSANDS as Metaverse Collapses! | Clownfish TV
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RIP Metaverse! Facebook Owner Meta Lays of THOUSANDS as Metaverse Collapses! | Clownfish TV
The Metaverse has collapsed, and Facebook's owner, Meta, is slashing jobs. Remember when the Metaverse and VR was THE big thing? It went over about as well as NFTs... Watch the podcast episodes on YouTube and all major podcast hosts including Spotify. CLOWNFISH TV is an independent, opinionated news and commentary podcast that covers ...
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Nexxus on Instagram: "Meta has laid off 1,500 employees from its Reality Labs unit after the metaverse project racked up more than $70 billion in losses since 2021. The cuts mark a clear strategic pivot. Meta is pulling back from large-scale metaverse spending and redirecting resources toward Al and wearable technologies, areas showing faster adoption and clearer paths to impact. After years of bold bets on virtual worlds that struggled to reach the mainstream, the company is signaling a reset:
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