Meta Plans To Lay Off Hundreds Of Metaverse Employees This Week

Meta's Reality Labs squad is expected to suffer astir 10 percent of its staff, pinch layoffs concentrated connected nan division's metaverse employees, arsenic reported by The New York Times. The layoffs are apparently a broadside effect of Meta's AI ambitions, which are pulling attraction distant from its virtual reality division.

According to nan Times, Meta's main exertion officer, Andrew Bosworth, called a gathering for Wednesday that he "urged unit to be successful person," saying it will beryllium nan "most important" gathering of nan year. Bosworth oversees nan Reality Labs division, which employs astir 15,000 people. Unfortunately, layoffs to Meta's VR squad whitethorn not travel …

Read nan afloat communicative astatine The Verge.