"Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company's VR and metaverse products, the New York Times reported. The publication noted that Reality Labs had roughly 15,000 employees, and the job cuts could impact over 1,000 people. Separately, CNBC reported that the company plans to shut down studios such as Armature Studio, Twisted Pixel, and Sanzaru, along with a technical unit called Oculus Studios Central Technology, which was working on VR titles."
"The NYT reported that the job cuts would not impact folks working on augmented reality, as the company has big ambitions to develop glasses and controllers. The report also noted that the money saved from these cuts will be used for AR development. The news comes as Meta, which changed its entire brand from to focus on the metaverse in 2021, is pouring its resources into AI development."
Meta is cutting 10% of Reality Labs staff, affecting over 1,000 of roughly 15,000 employees. The company plans to shut Armature Studio, Twisted Pixel, Sanzaru, and Oculus Studios Central Technology, which was developing VR titles. Layoffs will not affect augmented reality teams; saved funds will be redirected to AR development for glasses and controllers. Meta is shifting resources toward AI, reorganizing to create Superintelligence Labs, moving Vishal Shah to oversee AI products, and recruiting external researchers. Andrew Bosworth called a key in-person meeting on January 14. Meta did not respond to requests for comment.
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