"Meta is discontinuing its workplace virtual reality app Horizon Workrooms as it makes cuts in its metaverse division. The Facebook owner said in a Thursday blog post that users would no longer be able to access Workrooms from February 16, after which any associated data will be deleted. Meta launched Workrooms in 2021 as a platform for remote teams to collaborate in virtual reality, as part of the company's big push into the metaverse."
"The metaverse has been a costly bet for Meta, racking up more than $70 billion in losses since 2020. It has faced repeated rounds of cuts as Meta shifts its attention - and spending - toward AI. In a memo obtained by Business Insider last year, Meta's CTO, who oversees the company's metaverse efforts, called 2025 "the most critical" year of his tenure."
Meta will discontinue Horizon Workrooms on February 16 and delete any associated data thereafter. Workrooms launched in 2021 to enable remote teams to collaborate in virtual reality and to showcase how Horizon could bring people together to work, collaborate, and connect. The closure coincides with planned layoffs in Reality Labs, which develops VR headsets and Horizon Worlds, with roughly 10–15% of about 15,000 Reality Labs employees expected to be cut. The metaverse effort has incurred more than $70 billion in losses since 2020, prompting repeated cuts and a strategic shift of attention and spending toward AI. Horizon managed services will no longer be available for purchase after February 20, but customers will continue to receive support until the start of 2030.
Read at Business Insider
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