Tech giant Meta is reportedly looking to make cuts in its Reality Labs metaverse division, the home of the Quest VR headest and the Horizon Worlds platform.
Report: Meta planning massive cuts to Reality Labs metaverse division
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This is an interesting development for Meta and the future of the metaverse. It’s always intriguing to see how major companies adapt their strategies in response to changing markets. Looking forward to seeing how this unfolds!
to see how major companies adjust their strategies. With the emphasis on cutting costs, it will be interesting to see if Meta shifts focus towards more practical applications of VR and AR technologies. This could lead to a more refined approach to the metaverse overall.