US EditionMeta Cuts 10% of Reality Labs Jobs in Shift Metaverse to AI
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Meta Cuts 10% of Reality Labs Jobs in Shift Metaverse to AI
The threat of job loss has also been reintroduced to the world of technology with the Meta Platforms launching a massive layoff. Last month, the technology company announced that it was shutting down some 10 percent of its Reality Labs department and that it was impacting about 1,500 workers. This move will place a clear...
The metaverse was too expensive and trying to do too many things at once: this explains the recent purge with its hundreds of job cuts at Reality Labs, explained the head of hardware at Meta.
Meta CTO: Metaverse Efforts Led to a “lack of focus” on Quest “at expense of user experience”
Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ultimately hurt the user experience on Quest. Speaking at Axios House in Davos, Switzerland alongside the World Economic Forum last week, Bosworth discussed several issues that led Meta to refocus its metaverse and VR strategy—something that also includ…
Meta invested billions in his metaverse, but five years later Meta dismissed thousands of employees.
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