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
    1·
    2 months 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.

    • Valmond@lemmy.worldEnglish
      1·
      2 months ago

      Holy shit, give me just one billion per year and I’ll build you a sexier failure.