#3.2. Partner Hub. Investments
DatingPro  »  Blog   »   Meta is planning layoffs in the division responsible for the metaverse

Meta is planning layoffs in the division responsible for the metaverse

Oct 11, 2023
< 1 minute read

Short summary:

  • Meta’s Reality Labs, specializing in metaverse technologies, faces imminent layoffs, as revealed to staff on an internal forum.
  • The division’s significant operational losses, including $3.99 billion in Q1 2023 alone, contrast sharply with Meta’s overall high earnings.
  • Despite a general decline in U.S. VR headset sales and price cuts for its Quest products, Meta remains focused on its Reels feature and the broader metaverse project.
  • The extent of the layoffs is currently unknown, and official comments from Meta are scarce.

View full article here

Post Views: 117
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...
#2.1 Dating Sales in web browser #2.2 Dating Sales in mobile apps #2.3 Dating Sales in new channels #2.3 Dating Sales in VR apps #3 Human behaviour #3 Matchmaking #3.1 Find people to date #3.2 Customize: UI #3.2. Customize: Dating Pro Updates #3.2. Partner Hub. Investments #3.2.1 Cases & Stories of Awesome #3.3 Bring in customers. Market #3.4 Find dates. Conversion into new registrations #3.5 More matches. Conversion into paying members #3.6 First messages. Customer engagement and retention #3.7 Communications. Online and offline. Upselling and cross-selling #4.1. Market your dating site and apps #4.1.1 Ideas #4.2 Analytics. Trends. #4.2 Cost savings COGS #4.2 How-to guides