Zuckerberg to cut budget by billions for the project FB 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, with budget reductions expected to impact the VR group and potentially lead to layoffs early next year.
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, with budget reductions expected to impact the VR group and potentially lead to layoffs early next year.
