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, […]
Around 10 percent of Meta’s Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg. Meta spokesperson Tracy Clayton confirmed the layoffs in a statement to The Verge: “We said last month that we were shifting some of our investment from Metaverse toward Wearables. […]
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s metaverse employees, as reported by The New York Times. The layoffs are apparently a side effect of Meta’s AI ambitions, which are pulling focus away from its virtual reality division. According to the Times, Meta’s […]