Zuckerberg's making waves again—looks like Meta's slashing up to 30% from their metaverse budget. That Reality Labs burn rate finally catching up? Big pivot incoming for their VR ambitions.
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AirdropHustler
· 12-05 07:00
It should have been cut a long time ago, that loss-making black hole Reality Labs... Zuck is finally willing to do it?
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MEVHunterBearish
· 12-04 18:07
Even taking 30% off isn’t enough, Meta. Zuck really needs to wake up from his metaverse dream.
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MiningDisasterSurvivor
· 12-04 18:05
I've been through it all. The wave of project teams slashing budgets in 2018 is just like what's happening now. They call it a "strategic adjustment" to sound better, but in reality, it just means they can't afford to burn money anymore. With Meta's 30% cut, what's left of those VR dreams at Reality Labs? Ponzi schemes ultimately have to face reality.
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GasFeeGazer
· 12-04 18:04
NGL, this meta wave is kinda lame. Have they burned through so much money that they’re out of options... Reality Labs really is a bottomless pit.
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JustHereForAirdrops
· 12-04 18:03
NGL, Meta's metaverse dream has basically shattered. With a 30% budget cut, it feels like Reality Labs is going to shrink a lot.
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fork_in_the_road
· 12-04 17:45
NGL, this 30% cut by Meta feels like it was long overdue... the burn rate at Reality Labs is honestly insane.
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CompoundPersonality
· 12-04 17:42
Really? Burning 30% and still stubbornly talking about some vision, Reality Labs should have been cut a long time ago.
Zuckerberg's making waves again—looks like Meta's slashing up to 30% from their metaverse budget. That Reality Labs burn rate finally catching up? Big pivot incoming for their VR ambitions.