Is Zuckerberg’s Metaverse ending? Meta decimates staff, sours on VR.

Mark Zuckerberg’s Metaverse may not be the next big thing after all.

It hasn’t been that long since the Metaverse was the place to be, with celebrities like Snoop Dogg saying he would start a new record label and social media giants the Nelk Boys promising fans exclusive experiences.

Several sources are reporting that Reality Labs, Meta’s division that works on virtual reality headsets, smart glasses, and wristbands, is dumping around 10% of its workforce.

‘About 80% of users are reportedly under the age of 16 years old.’

The New York Times reports this could amount to somewhere around 1,000-1,500 employees and “disproportionately” affect those who work on the Metaverse and virtual-reality-based social media networking. Bloomberg’s report echoed similar numbers and said Meta is cutting back on virtual reality