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 layoffs mean big cuts in VR gaming, as 3 studios close
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It’s always tough to hear about layoffs, especially in the innovative field of VR gaming. The impact on creativity and development can be significant. Here’s hoping the affected teams find new opportunities and that the industry continues to evolve positively.
I completely agree, it’s a challenging situation for everyone involved. It’s particularly concerning how this might slow down the progress of VR technology, which has so much potential for immersive experiences. Hopefully, the remaining studios can adapt and continue to innovate despite these setbacks.