Morning Overview on MSN

Meta fires metaverse staff after burning through $73B

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...

Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...
Video Games Chronicle

Meta has closed several studios, including ‘Splosion Man studio Twisted Pixel and Asgard Wrath’s Sanzaru Games

Meta has closed several of its VR studios, according to developers who have announced they have been laid off. The New York ...

Meta makes drastic workforce decision after $73 billion in losses

The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

Multiple Meta-Owned Game Studios Hit With Layoffs

“Welp. As many will hear soon, several Meta game studios were closed today, including Sanzaru. It was an amazing team of powerhouse talent, and I’m really glad to have gotten to know everyone there,” ...

PUBG creator's take on a metaverse is radically different from Roblox or Fortnite: "Everyone's doing it the wrong way"

PlayerUnknown's PUBG inspired Fortnite's battle royale experience, but he won't be similarly influenced by Epic's metaverse moves.

Meta is closing down three VR studios as part of its metaverse cuts

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...