"Meta's Metaverse Projects Paying Out Million-Dollar Salaries to Employees and Developers"

Meta is paying exorbitant salaries to programmers capable of building out virtual reality-powered games, apps, and technology, with total compensation packages approaching $1 million. The company is investing heavily in building the metaverse, but this comes amid a push to rein in costs across the sprawling company, including layoffs of 10,000 workers. Meta's newest efforts to become leaner and more efficient is part of a larger wave of tech companies that are laying off their workers and cutting projects in the face of new economic pressures.