According to several current and former Facebook employees, Mark Zuckerberg is so absorbed in building the metaverse that it is frustrating the people who work for him.
According to a recently departed former director, it is “the only thing Mark wants to talk about”.
The company is loudly communicating its new focus, “spinning up teams that are specific to the metaverse”, including one that will span every group in the company and be tasked with telling people that “there is a metaverse playbook” — that is how he describes his key strategy and the current difficulties in the business.
Some employees, however, are still confused. “It’s mostly fuelling disorganisation and anxiety,” one current employee said. “People don’t really seem to know what to do or what to work on, because there’s still no coherent strategy.”
A spokesperson said the company is “going through a defining period for the company, and we are going all in”.
“A lot of people are excited, but at the same time they have a lot of questions,” the spokesperson added.
Facebook has renamed itself Meta. Last year the company lost 10 billion dollars in its Reality Labs segment, which handles metaverse projects. It plans to spend as much this year, and possibly for many years to come. Zuckerberg has said the metaverse is a long-term project that will not be fully developed for a decade or more.
According to another recently departed employee, there is still little to show for all the money spent. “There’s still nothing to touch or look at, let alone use,” he said, “given all the metaverse proclamations.”
Read at the source (in Russian): https://bit.ly/3ykKjL8