Meta reportedly told its VR/AR teams to cut spending by a fifth, but the team is still expected to pump out Quest Headsets and AR glasses.
  • Alphane Moon@lemmy.worldEnglish
    0·
    1 year ago

    According to the report, the company’s chief financial officer, Susan Li, told staff the division has lost $55 billion since 2019.

    $55 billion in losses over ~5 years? That’s a substantial amount.