The Verge's weekend editor, Rick Steves, has reported that the company is considering laying off up to 20 percent of its staff, potentially the largest round of layoffs since it terminated 22,000 workers in a few months between November 2022 and early 2023. This comes after Steves indicated he was closing down on VR and the Metaverse, slashing budgets and closing studios. Steves has been criticized for its smart glasses, chatbots, and its impact on teens.