Explorer

Meta Trims Workforce In Reality Labs, Refocuses Oculus Studios On Mixed Reality Development

This move follows a broader internal shake-up earlier this year, when Meta laid off approximately 5 per cent of its workforce, primarily targeting what it described as underperforming roles

Meta has initiated another wave of layoffs within its Reality Labs division, as part of a broader strategy to streamline operations and concentrate on advancing its mixed reality platforms.

According to reports initially published by The Verge and later confirmed by CNBC, the latest round of job cuts primarily affected Oculus Studios, the team responsible for developing virtual and augmented reality games for the Meta Quest headset line.

A Meta spokesperson confirmed the restructuring to CNBC, noting that the decision aims to enhance operational efficiency and better position Oculus Studios to build next-generation mixed reality experiences for its expanding user base. While the company emphasised future innovation, the restructuring has resulted in job losses among developers, including those who contributed to key projects like the Supernatural fitness app.

The Supernatural team addressed the layoffs in a heartfelt message posted to the app’s official Facebook group, expressing gratitude to the departing employees: “Their contributions have been instrumental in shaping our journey and yours, and their absence will be deeply felt," as per the report.

Also Read: Dr Reddy's Laboratories To Cut Workforce Costs By 25 Per Cent, Layoff Employees With Salary Over Rs 1 Crore: Report

Previous Layoffs At Meta

This move follows a broader internal shake-up earlier this year, when Meta laid off approximately 5 per cent of its workforce, primarily targeting what it described as underperforming roles. The latest reductions reflect Meta’s continued focus on optimising its Reality Labs division, which remains central to the company’s long-term vision for immersive digital environments.

In the fourth quarter of 2024, Reality Labs reported an operating loss of $4.97 billion on revenue of just $1.1 billion—a stark indicator of the scale and risk involved in Meta’s ambitious, long-term bet on the future of computing.

With Meta’s upcoming earnings report scheduled for Wednesday, market analysts are expected to pay close attention to any shifts in the company’s virtual and augmented reality strategy, particularly as competitors like Apple and Samsung make their own moves into the mixed reality space.

Read more
Sponsored Links by Taboola

Top Headlines

Jaishankar Visits Sri Lanka, Announces $450 Million Aid Package After Cyclone Ditwah
Jaishankar Visits Sri Lanka, Announces $450 Million Aid Package After Cyclone Ditwah
India Summons Bangladesh High Commissioner, Raises Safety Of Diplomats Amid Unrest
India Summons Bangladesh High Commissioner, Raises Safety Of Diplomats Amid Unrest
Violence Erupts In 2 Districts Of Assam, Internet Suspended
Violence Erupts In 2 Districts Of Assam, Internet Suspended
‘I’d Disown My Son If...’: Himanta Targets Gogoi, Targets Cong Leader’s Wife Over Alleged Pak Links
‘I’d Disown My Son If...’: Himanta Targets Gogoi, Targets Cong Leader’s Wife Over Alleged Pak Links

Videos

Bangladesh Protests: Protests Continue Across India Over Safety of Hindus in Bangladesh
Breaking: Nationwide protests over attacks on Hindus in Bangladesh, Stir Outside Bangladesh High Commission in Delhi
Breaking News: Protests Spread Across Indian Cities Over Alleged Attacks on Hindus in Bangladesh, VHP Submits Memorandum
Bangladesh Violence: Protests Held in Delhi, Kolkata and Other Cities Over Safety of Minorities in Bangladesh
Bihar News: Patna Welcomes BJP’s Nitin Nabin on First Tour as National Working President

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget