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Meta plans to axe about 10% of staff in Reality Labs business as focus shifts to AI
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The cuts will affect those in the metaverse unit who work on virtual reality (VR) headsets and a VR-based social network, sources said.
PHOTO: JIM WILSON/NYTIMES
Mike Isaac and Eli Tan
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SAN FRANCISCO – Meta plans to cut about 10 per cent of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as the company shifts priorities to build next-generation artificial intelligence (AI).
The cuts to Reality Labs, which has about 15,000 employees, were expected to be announced as soon as Jan 13.
