US EditionMeta plans to cut 10% of Reality Labs staff amid AI shift: Report
Meta is cutting over 1,000 jobs, about 10% of Reality Labs staff, to prioritize AI wearables and phone-based AI features over costly metaverse and VR projects.
- Meta's Reality Labs division will face staff reductions, with about 1,500 of roughly 15,000 employees notified starting Tuesday and a meeting called by CTO Andrew Bosworth on Wednesday.
- The Meta Compute announcement signals a major infrastructure shift toward AI as Meta plans to build tens of gigawatts of compute and Bloomberg reported a 30% Reality Labs budget cut after multibillion losses.
- Teams behind the Quest virtual reality headsets and Horizon Worlds are expected to be hit hardest as Meta eliminates more than 1,000 jobs in Reality Labs, risking VR game studios' closures.
- Meta says it will reinvest savings to grow its wearables business this year and may double AI smart glasses production capacity by the end of 2026, responding to rising demand.
- Executives say the company is prioritizing mobile AI features and wearables to chase scale, building on strong smart-glasses sales of over 2 million units as Meta Compute aims for tens of gigawatts.
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TechXplore
BloombergMeta begins job cuts as it shifts from Metaverse to AI devices
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.
Meta reportedly moving forward with plans to cut over 1,000 jobs
(KRON) -- Facebook parent company Meta Platforms Inc. is reportedly moving forward with plans to cut over 1,000 jobs in the latest round of tech layoffs. The company is specifically looking to slash the headcount in its Reality Labs division, according to a report in Bloomberg. The layoffs are reportedly expected to hit teams focused on Meta's virtual reality products and VR-based social networks. Virtual reality had been a priority for Meta as …
Handelsblatt
wiwo.deThe focus on the digital world Metaverse once led to the renaming of the Facebook Group. Now Meta is starting the red pencil in the division after high billion losses.
The focus on the digital world Metaverse once led to the renaming of the Facebook Group. Now Meta is starting the red pencil in the division after high billion losses.
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