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.

About the author ABP Live Business

ABP Live Business is your daily window into India’s money matters, tracking stock market moves, gold and silver prices, auto industry shifts, global and domestic economic trends, and the fast-moving world of cryptocurrency, with sharp, reliable reporting that helps readers stay informed, invested, and ahead of the curve.

Read More

Top Headlines

Will Cathcart Steps Down; CRED Founder Kunal Shah To Lead WhatsApp
Will Cathcart Steps Down; CRED Founder Kunal Shah To Lead WhatsApp
US May End Open-Ended Student Visas: What It Means For Indian Students
Studying In The US Could Get More Complicated Under New Visa Proposal
Changed Jobs? This One PF Mistake Could Hurt Your Savings And Cost You Tax Benefits
Changed Jobs? This One PF Mistake Could Hurt Your Savings And Cost You Tax Benefits
Can Bond Markets Predict The Future? Here's How The Yield Curve Predicts Recessions Before Stocks Do
What The Bond Market Knows About The Economy's Future That Stock Markets Don't

Videos

Maharashtra Politics: Shinde’s ‘Operation Tiger’ Puts Uddhav Camp on Edge as Rebel MPs Switch Sides
Lucknow Fire Alert: Massive Blaze Engulfs Coaching Building in Aliganj, Rescue Teams Race Against Time
UP Politics: Muslim Cleric Urges Akhilesh Yadav to Name Muslim CM Face for 2027, Sparks Fresh Political Debate
UP Politics: SP MP Anand Bhadauria Climbs Pole to Remove Anti-Akhilesh Posters in Sitapur
UK Politics: Keir Starmer Resigns as British Prime Minister, Labour Leadership Race Set to Begin

Photo Gallery

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