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Meta Coughing Up Big Money to Developers Building Their Metaverse

A new report from the Wall Street Journal says that Meta’s programmers working on the company’s virtual reality suite can earn total compensation from “$600,000 to packages approaching $1 million.”

According to reports from the beginning of the year, the company’s metaverse-building division Reality Labs, lost $13.7 billion over the course of 2022. It marked the largest yearly losses recorded for this division.


However, Mark Zuckerberg, the company’s co-founder and CEO, was on record saying the company didn’t have any plans to change its long-term vision for the metaverse. In fact, at the beginning of February 2023, Meta was given approval by a judge in the United States to go forward with acquiring a virtual reality company.


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