Sources: Meta does not plan to abandon building the metaverse, and expects to shift the savings from the layoffs into investments in its AR glasses (Mike Isaac/New York Times)

Mike Isaac / New York Times:
Sources: Meta does not plan to abandon building the metaverse, and expects to shift the savings from the layoffs into investments in its AR glasses  —  Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse.