According to Revelio, new monthly job posts with “metaverse” in the title fell by 81% between April and June across all industries after rising in the months after Facebook’s rebranding last fall. The decline occurs at the same time as a general slowdown in the tech industry, which has led to layoffs.
In May, Meta Platforms Inc. reported a slowdown in hiring; however, recent months have seen a rebound. Speaking on behalf of the corporation, spokesperson Andrea Beasley stated, “We’re delighted to begin hiring for some of our highest priority areas after temporarily pausing it for specific roles.”
