Meta Platforms to cut Investment in the metaverse by 30 %
Rumors about the death of the metaverse are already circulating. However, it is too early to say for sure. What is certain is that Meta Platforms will reduce its investment in the sector by 30 % in 2026 and will implement a 10% global spending cut
Meta Platforms announced a 30 % reduction in its investment in the metaverse, in addition to a 10 % global spending cut.
The announcement has raised concerns among employees, as these actions could translate into layoffs as early as January.
It is estimated that the unit most affected by this reduction in metaverse investment is the virtual reality development unit.
For now, there’s no definitive answer from Mark Zuckerberg regarding this rethink, although it’s almost certain to happen as part of the company’s budget adjustments for 2026.
M.Pino
Source: eleconomista
(Reference image source: Dima Solomin on Unsplash)
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