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Meta reportedly lays off over 100 employees across AR/VR hardware and games division
Facebook owner Meta has reportedly cut over 100 jobs at Reality Labs, the division responsible for its virtual reality …
Clayton said the changes were intended to "help Studios work more efficiently on future mixed reality experiences for our growing audience, while still delivering great content for people today." Despite the layoffs, Clayton insisted Meta remained "committed to investing in mixed reality experiences, including fitness and games, and our drive to deliver the best experiences possible for the Quest and Supernatural communities remains unchanged." Today's layoffs at Reality Labs follows Meta's admission last April that the division had lost over $1bn every month for most of the last two years, with the company saying it expected losses to increase as it deepened its investment.
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