The Verge
Meta Lays Off 10% of Reality Labs Staff Amid Strategic Shift
6 hours ago•4 min read
Meta Lays Off 10% of Reality Labs Staff Amid Strategic Shift
6 hours ago•4 min read
Meta's layoffs signal a recalibration of priorities from metaverse ambitions to wearable technology.
•Meta is laying off 10% of its Reality Labs staff, focusing on its metaverse division.
•The company is redirecting investments toward wearable technology over virtual reality.
•Meta's strategic pivot reflects broader challenges in the VR industry.
The Verge