Meta is reportedly planning steep cuts to its metaverse division, data-i13n=”cpos:1;pos:1″ href=”https://www.bloomberg.com/news/articles/2025-12-04/meta-s-zuckerberg-plans-deep-cuts-for-metaverse-efforts?link_source=ta_bluesky_link&taid=e4c2140d-5a36-4a76-92aa-da96a86d8631&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=bluesky&embedded-checkout=true” rel=”nofollow noopener” target=”_blank” data-ylk=”slk:according to Bloomberg;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “>. This is happening just a few years after the company data-i13n=”cpos:2;pos:1″ href=”https://www.engadget.com/facebook-new-name-meta-182151399.html” data-ylk=”slk:changed its name from Facebook;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “> to reflect its renewed interest in that same metaverse.
Bloomberg notes that the metaverse department could get hit with significant budget cuts in the near future, with layoffs potentially occurring early next year. The budget cuts could go as high as 30 percent and will likely impact the virtual worlds product data-i13n=”cpos:3;pos:1″ href=”https://www.engadget.com/horizon-worlds-now-available-us-canada-192520479.html” data-ylk=”slk:Meta Horizon Worlds;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “> and the Quest virtual reality headset. The publication did note that…
