Elon Musk was so right! All these Metaverse and NFTs are just marketing buzzwords without any actual utility or businesses around it. Meta had invested billions and billions of dollars into metaverse where they couldn't even find 1 million users. So what I understand, this investment had gone so bad that Meta has no other way to fire people to save cost.
This is what is going to be the future of any metaverse project in a year or two. When things are not practical, they are bound to fail.