On December 4 (local time), foreign media reported that Meta's management is discussing cutting the budget for its metaverse team in 2026 by up to 30%, with layoffs potentially starting as early as January 2026. Since focusing on metaverse development in early 2021, its Reality Labs division has accumulated losses exceeding $77 billion. Meta confirmed that some metaverse resources will be redirected to AI glasses and wearable devices.
