US EditionMeta Has Closed Three VR Studios as Part of Its Metaverse Cuts
Meta is cutting 10–15% of its Reality Labs workforce after a $4 billion loss, impacting VR game studios including Twisted Pixel and Sanzaru Games.
- On January 13, developers at Meta game studios posted that they had been laid off, speaking publicly about massive cuts and potential closures.
- Following Monday's reporting that Meta was pivoting away from VR and the metaverse after Reality Labs lost $4 billion, Meta spokesperson Tracy Clayton said, `We said last month that we were shifting some of our investment from Metaverse toward Wearables`.
- Bloomberg's internal memo named Twisted Pixel Games, Sanzaru Games and Armature Studio as closed, and Meta spokespersons confirmed the closures and that Supernatural will no longer get new content.
- Meta laid off about 10% of Reality Labs, affecting more than 1,000 workers and halting some in-house Meta Quest exclusive game development.
- Reality Labs has lost more than $70 billion since 2020, Meta paused new Horizon OS headsets last month and said it will reinvest savings to support wearables this year.
20 Articles
20 Articles
VR gaming looks dead at Meta after major studio closures and mass layoffs
Meta, the parent company of Facebook, made major cuts to its workforce on Tuesday, including an estimated 10% of employees in its Reality Labs division, which is said to affect more than 1,000 workers. The Reality Labs business used to be known as Oculus VR, and makes products like the Meta Quest VR headsets and AI-powered glasses.
Meta is closing down three VR studios as part of its metaverse cuts
Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts include closing down some of its VR gaming studios. Twisted Pixel Games, the developer of Marvel's Deadpool VR, Sanzaru Games, the developer of the Asgard's Wrath franchise, and Armature Studio, which worked on the Resident Evil 4 VR port, are all being closed down, according to an internal memo viewed by Bloomberg. The team behind the…
Meta Plans to Cut 10% of Jobs at Company’s Reality Labs Division
Reality Labs, which houses units building VR headsets, AI glasses and the company’s metaverse products, has been losing billions of dollars per quarter for the past several years as the company invests in products that haven’t yet generated meaningful revenue
Meta Layoffs Hit Batman: Arkham Shadow Studio Camouflaj, Game Projects Canceled
Yesterday, news broke that as part of layoffs affecting around 10,000 people at Meta, the company had closed three VR studios: Sanzaru, Armature, and Twisted Pixel. Now former Meta employees tell Aftermath that Batman: Arkham Shadow developer Camouflaj has suffered heavy layoffs as well, and that in-development game projects have been canceled.Speaking under the condition of anonymity because they were not authorized to speak publicly, former Me…
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