Meta is preparing to cut about 10 percent of the workforce in its Reality Labs division, the team behind much of the company’s metaverse, VR, and AR efforts. This move reflects ongoing challenges in the ambitious hardware and immersive technology space, where Meta has invested heavily in recent years. While the company has released products like the Quest VR headsets with some success, the broader metaverse vision remains a long-term proposition, and this round of layoffs suggests a shift toward tighter cost control. Reality Labs has been a key part of Meta’s strategy to reimagine social connection, but the pressure to balance innovation with financial sustainability is clearly mounting.
Source: gamesindustry.biz
