Metaverse
Meta confirms 1,500 jobs cut in metaverse arm Reality Labs: WSJ
About 10% of Meta’s metaverse unit is affected as the company shifts investment towards AI-powered wearables.
About 10% of Meta’s metaverse unit is affected as the company shifts investment towards AI-powered wearables.
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
Meta has shuttered three VR studios following a 10% cut to its Reality Labs metaverse arm. As Bloomberg reports, an internal memo announced the closures of Twisted Pixel Games (Marvel’s Deadpool VR), Sanzaru Games (Asgard’s […]
Following reported plans to slash 30% of spending in its metaverse and wearables division, Meta has announced another round of Reality Labs job cuts, showcasing its increased investment in artificial intelligence (AI). According to The New […]
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