I saw this in various news sites.
Years ago, I used to think that Zuckerberg was a genius. He went to Harvard and started FB and became a billionaire. But then when he began to pimp "Metaverse", I was not so sure. According to him, people in the future would wear his scifi goggles all hours of the day and communicate with others in a metaverse - that he controls of course. He spent billions on this. Until I guess he realized he was wasting money and so jumped on the AI bandwagon and is now pouring billions on that.
If I could predict that the Metaverse was a dumb idea, I am amazed that Zuck could not.
But that is a separate issue, his company his business.
What I am concerned about is that he laid off people in the Bay Area, is he going to replace them with H1B slaves? If he does, he needs to be tariffed so bad that his pants fall off. The more he hires overseas, the more he should be tariffed. Why? Because he has his company in the US and is taking but not contributing. Without everyone contributing, the country will collapse. Now some will say he is paying taxes. Well, not enough. Pay more.
Meta cuts more than 1,000 in Bay Area tech's first big layoff of 2026
https://www.sfgate.com/tech/article/meta-layoff-1000-first-2026-21293134.php
Years ago, I used to think that Zuckerberg was a genius. He went to Harvard and started FB and became a billionaire. But then when he began to pimp "Metaverse", I was not so sure. According to him, people in the future would wear his scifi goggles all hours of the day and communicate with others in a metaverse - that he controls of course. He spent billions on this. Until I guess he realized he was wasting money and so jumped on the AI bandwagon and is now pouring billions on that.
If I could predict that the Metaverse was a dumb idea, I am amazed that Zuck could not.
But that is a separate issue, his company his business.
What I am concerned about is that he laid off people in the Bay Area, is he going to replace them with H1B slaves? If he does, he needs to be tariffed so bad that his pants fall off. The more he hires overseas, the more he should be tariffed. Why? Because he has his company in the US and is taking but not contributing. Without everyone contributing, the country will collapse. Now some will say he is paying taxes. Well, not enough. Pay more.
Meta cuts more than 1,000 in Bay Area tech's first big layoff of 2026
https://www.sfgate.com/tech/article/meta-layoff-1000-first-2026-21293134.php
Quote:
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions.
The layoff, the Bay Area tech industry's first big job cut of 2026, was announced Tuesday morning in an internal post from Meta's chief technology officer Andrew Bosworth, according to a Bloomberg report that Meta spokesperson Tracy Clayton confirmed to SFGATE. The cuts won't touch Facebook, Instagram or WhatsApp; they're within Meta's Reality Labs arm, an operation that's poured investment into the "metaverse" idea and also sells the company's virtual reality headsets and Ray-Ban glasses.
"We said last month that we were shifting some of our investment from Metaverse toward Wearables," Clayton wrote in an emailed statement. "This is part of that effort, and we plan to reinvest the savings to support the growth of wearables this year."
As of Tuesday at 9:15 a.m., the Menlo Park company had not filed a WARN document with California officials announcing the local scope of the layoffs.
Meta's pullback from its metaverse goals has been a long time coming. When Mark Zuckerberg changed his company's name from Facebook in October 2021, he expounded on the idea of a virtual world where people could work, learn, play and shop together, calling it an "embodied internet where you're in the experience, not just looking at it."
