Looks like Meta's metaverse dream is getting a serious reality check. Word is Zuckerberg's pushing for cuts up to 30% in their Reality Labs division. That's huge considering how much capital they've burned on VR and metaverse projects over the past few years. Makes you wonder if the pivot to AI is draining resources faster than expected, or if those metaverse KPIs just aren't hitting targets anymore. Either way, this signals a major strategic shift for one of the biggest players in the space.

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RunWhenCutvip
· 12-05 01:11
Ha, a 30% cut? Zuckerberg is basically admitting defeat, the metaverse dream shattered pretty quickly. --- After burning so much money, they still have to bow to AI in the end. Hilarious. --- Seriously, Reality Labs is just a money pit. It should've been cut a long time ago. --- Switching to AI feels like a last resort, the metaverse numbers must look terrible. --- Wait, does this mean all the big companies are starting to adjust their strategies? Should we change our investment approach too? --- 30% is pretty ruthless, but I think the actual number might be even higher. --- The metaverse concept has been hyped for so long, and what now? Reality just crushed it. --- Honestly, it's just about not hitting KPIs, so they cut it, plain and simple.
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BearMarketSurvivorvip
· 12-04 18:09
The metaverse dream is shattered. Is this 30% round of layoffs an admission of defeat?
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ChainSpyvip
· 12-04 17:55
30% layoffs? Zuck really is a realist—the metaverse dream has truly been shattered.
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GhostAddressMinervip
· 12-04 17:54
30% layoffs? I already saw the signs on-chain. Those major Meta wallet addresses have had some very suspicious fund movements lately—clearly getting ready for something.
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