Facebook still has more employees than it did when the pandemic started, and it isn’t particularly close. Is this a fall?
Facebook is the new MySpace, and Instagram is not attracting the newer generations. The metaverse is a wild moonshot to invent a completely new market and platform that Meta alone would control and of sufficient size to replace the inevitable decline of Facebook/Instagram ad revenue.
Personally, I don't believe people want the metaverse, and if it succeeds, it'll come at the cost of coercion via marketing overload.