Global Economic Meltdown: New VR Jobs Die Down at Meta, Google Amid Hiring Freeze

New Delhi, Aug 22: The digital actuality (VR) job postings at Meta have shockingly died down, as its Founder and CEO Mark Zuckerberg locations a $10 billion wager on constructing his metaverse dream, a brand new report has proven.

The VR job postings have additionally slowed down at different Large Tech corporations like Apple and Google amid the hiring frezz and layoff season owing to the worldwide financial meltdown, in keeping with office analysis platform Revelio Labs.

Since Meta’s rebranding in October 2021, the variety of new job postings mentioning digital actuality (VR) skyrocketed in early 2022.

“However, the crypto crash and tech slowdown likely destroyed the hiring demand more recently. While Meta led the way in demand for VR talent in late 2021, it slowed its effort, as other companies rushed in to fill the void,” Revelio Labs mentioned in a latest weblog publish. UPI Companies To Stay Free, Authorities of India Gained’t Levy Any Fees: Finance Ministry.

In collaboration with Bloomberg, Revelio Labs took a glance at the latest hiring development on the earth of metaverse.

In a shocking flip of occasions, Accenture has put out extra VR associated job postings than Meta since October 2021, it discovered.

“When we compare the skill share differences between Accenture and Meta, we see that the VR positions in Accenture have a much higher share in design-focused skills while those in Meta have a greater emphasis on research and product development,” the report famous.

Accenture is just not seeking to conduct floor breaking analysis, however “is perhaps hoping to leverage existing tools to help its clients adapt and operate in the metaverse”.

“Tech companies dominated in their demand for VR talent during the hype but companies in other industries were also looking to expand their services into the metaverse,” the report famous.

(The above story first appeared on OKEEDA on Aug 22, 2022 05:38 PM IST. For extra information and updates on politics, world, sports activities, leisure and life-style, go surfing to our website latestly.com).

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