tech
December 4, 2025
Meta reportedly plans to slash Metaverse budget by up to 30%
The proposal reflects the overall lack of interest in products like Meta's social virtual reality platform Horizon Worlds.
TL;DR
- Meta may cut its Metaverse division budget by up to 30%.
- The potential cuts would also include layoffs.
- The move reflects a lack of industry and consumer interest in Meta's VR platforms and hardware.
- Investors have been skeptical of Metaverse investments since Meta's 2021 rebrand.
- Meta's Metaverse projects have been losing billions of dollars quarterly.
- Meta's AI and smart glasses efforts have been more successful.
- Meta's shares reportedly rose following the news.
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