Metaverse News

Employee salaries in Meta’s metaverse department are jaw-dropping

The salaries of Meta’s programmers and developers in the metaverse department were mind-blowing.Technology giant Meta , the parent company of Facebook, Instagram and WhatsApp messaging service , has been focusing on metaverse studies for a while. However, the crypto winter of 2022 caused the company to lose billions of dollars.

Announcing billions of dollars of losses every quarter , Meta gave the message that it will continue to work on the metaverse every time. However, it is said that the software developers and developers who sweat for the metaverse of Meta have a saturated salary scale.

Meta’s metaverse developer salaries are astonishing


According to a new report by the Wall Street Journal, developers working on Meta ‘s virtual reality program can earn salaries based on wages ranging from $600,000 to closer to $1 million.

Reality Labs , the company’s metaverse-building department , lost $13.7 billion in 2022 alone, according to reports earlier in the year. This figure was the largest annual loss recorded for this department.

But Mark Zuckerberg , the company’s co-founder and CEO , said that Meta has no plans to change its long-term vision for the metaverse.

As it is known, Meta dominates a large percentage of the metaverse industry. Last year, the US Federal Trade Commission filed suit against Meta and Zuckerberg’s attempts to own a large portion of the metaverse space.

In a letter they sent to Zuckerberg, two US Senators recently demanded that young people not be allowed access to the metaverse platform Horizon Worlds . Serious risks were mentioned in the letter, and the platform was described as a digital space fraught with potential harm.

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