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. Business Insider reported that the…

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