As reported, Meta’s Reality Labs team is expected to lose about 10 percent of its staff, with the division focusing on its Metaverse employees. the new York Times. The layoffs are apparently a side effect of Meta’s AI ambitions, diverting attention away from its virtual reality division.
according to TimesMeta’s chief technology officer, Andrew Bosworth, called a meeting on Wednesday in which he “urged employees to attend in person,” saying it would be the “most important” meeting of the year. Bosworth oversees the Reality Labs division, which employs approximately 15,000 people. Unfortunately, the layoffs of Meta’s VR team may come as no surprise – last month, bloomberg It was reported that Meta was planning to cut its Metaverse budget by 30 percent.
Meta declined to comment.
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