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Meta reportedly plans to slash Metaverse budget by up to 30%
- ChrisArchitect 10mo agoPreviously on source: https://news.ycombinator.com/item?id=46148080 https://news.ycombinator.com/item?id=46148080
- latexr 10mo agoThe most surprising bit of these news is that they still were and continue to waste any money on it.
- LordGrey 10mo agoOriginal report: https://www.bloomberg.com/news/articles/2025-12-04/meta-s-zuckerberg-plans-deep-cuts-for-metaverse-efforts?embedded-checkout=true https://www.bloomberg.com/news/articles/2025-12-04/meta-s-zu... > Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, according to people familiar with the talks, who asked not to be named while discussing private company plans I bet the shareholders will like this move.