Meta lays off employees in Reality Labs division: Report

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Tech giant Meta has reportedly laid off employees in its Reality Labs division, particularly affecting teams within Oculus Studios and hardware development, the Verge reported.

The report added, one of the impacted projects is Supernatural, a VR fitness game Meta acquired for over $400 million. The company said the move aims to boost efficiency while remaining committed to content development for Quest and Supernatural.

While the exact number of layoffs is not yet known, these latest layoffs follow a broader round of job cuts in February, when Meta…



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Meta lays off employees in Reality Labs division: Report


Tech giant Meta has reportedly laid off employees in its Reality Labs division, particularly affecting teams within Oculus Studios and hardware development, the Verge reported.

The report added, one of the impacted projects is Supernatural, a VR fitness game Meta acquired for over $400 million. The company said the move aims to boost efficiency while remaining committed to content development for Quest and Supernatural.

While the exact number of layoffs is not yet known, these latest layoffs follow a broader round of job cuts in February, when Meta…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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