Meta has laid off 1,500 employees from its Reality Labs division, after the metaverse project incurred losses exceeding $70 billion since 2021.

This step represents a clear strategic shift, as Meta has begun to pull back on extensive spending on the metaverse, redirecting its resources towards artificial intelligence and wearable technologies, which are areas witnessing faster adoption and clearer pathways to achieve real impact.

After years of bold bets on virtual worlds that failed to reach the general public, the company is signaling a reset of its strategy: fewer adventures and a greater focus on technologies that align with how people use products today.

The metaverse has not disappeared, but it is no longer the centerpiece of Meta's future.#101technology #technews #أخبار_التكنولوجيا