Meta lays off employees working on virtual reality in Reality Labs division

Meta lays off employees working on virtual reality in Reality Labs division


Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.

Manuel Orbegozo | Reuters


Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality and related wearable devices.

The cuts affected an unspecified number of employees working in the division’s Oculus Studios unit, which develops VR and AR games and content for Meta’s Quest VR headsets, a company spokesperson told CNBC.

“Some teams within Oculus Studios are undergoing shifts in structure and roles that have impacted team size,” the spokesperson said. “These changes are meant to help Studios work more efficiently on future mixed reality experiences for our growing audience, while still delivering great content for people today.”

Employees working on the Supernatural VR workout app were impacted, the spokesperson said.

“We’re deeply saddened to share that these changes have resulted in the loss of some of our incredibly talented team members,” the company said in a statement posted to the Supernatural official Facebook group. “Their contributions have been instrumental in shaping our journey and yours, and their absence will be deeply felt.”

The cuts to Reality Labs come after Meta in February laid off 5% of its overall workforce that it deemed to be its lowest performers.

Meta’s Reality Labs division logged an operating loss of $4.97 billion while scoring $1.1 billion in sales during the fourth quarter, the company said in January.

The social media company reports earnings on Wednesday.

The Verge reported the layoffs earlier on Thursday.

WATCH: Mark Zuckerberg takes witness stand on first day of antitrust trial.

Mark Zuckerberg takes witness stand on first day of antitrust trial



Source

I’m a Japanese nutritionist and I’m ‘obsessed’ with fruit—I eat these 5 for longevity and brain health
World

I’m a Japanese nutritionist and I’m ‘obsessed’ with fruit—I eat these 5 for longevity and brain health

I grew up in Nara, Japan, surrounded by fruit trees, farms, and generous neighbors who would bring us baskets of freshly picked strawberries, watermelons, persimmons, figs, and pretty much anything that was ripe on their farm. Fruit was part of the seasons, traditions, celebrations, and even medicine. As a nutritionist, I still believe that fruit […]

Read More
Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to 1 billion
World

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the […]

Read More
China’s Xi pushes for global AI body at APEC in counter to U.S.
World

China’s Xi pushes for global AI body at APEC in counter to U.S.

Chinese President Xi Jinping took center stage at a meeting of APEC leaders on Saturday to push a proposal for a global body to govern artificial intelligence and position China as an alternative to the United States on trade cooperation. The comments were the first by the Chinese leader on an initiative Beijing unveiled this […]

Read More