Meta to reportedly lay off 10% of Reality Labs staff

Meta is laying off 10% of the staff at its Reality Labs division, which is crucial to developing the company’s VR and Metaverse products. the new York Times Informed.

The publication stated that Reality Labs had approximately 15,000 employees, and that the job cuts could affect as many as 1,000 people.

separately, cnbc The report says the company plans to close studios like Armature Studios, Twisted Pixel, and Sanzaru, as well as a technology unit called Oculus Studio Central Technology, which was working on VR titles. business insider The company’s CTO and head of Reality Labs, Andrew Bosworth, has called for “the most important” in-person meeting of the year on January 14, the report said.

The NYT reported that the job cuts will not affect people working on augmented reality, as the company has bigger ambitions to develop glasses and controllers. The report also states that the money saved from these cuts will be used for AR development.

The news comes as Meta has changed its entire brand To focus on the metaverse in 2021Is devoting its resources to AI development. In October, the company transferred Metaverse head Vishal Shah Oversee AI products as vice presidentAnd last year, reorganized to establish Its Superintelligence Labs After poaching Alexander Wang from Scale AI. the company moved forward Provide top packages to researchers Working with other labs to entice them to join META.

Meta did not immediately respond to a request for comment.

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