Meta Lays Off Over 100 Employees in Reality Labs
Meta has reportedly laid off over 100 employees as part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR and metaverse hardware.
Meta spokesperson Tracy Clayton acknowledged that layoffs did happen, stating that some teams were “undergoing shifts in structure and roles that have impacted team size.” She also reassured that these moves would help the company “work more efficiently on future mixed reality experiences for our growing audience.” However, Meta did not confirm the number of employees involved in this move.