""Teams across Meta regularly restructure or implement changes to ensure they're in the best position to achieve their goals," Meta spokesperson Tracy Clayton says in an emailed statement to The Verge."
"Meta has been distancing itself from its 'metaverse' namesake in recent months, with the company projected to spend as much as $135 billion as it continues its AI data center buildout."
"In January, Meta laid off at least 1,000 workers on its Reality Labs team, shuttered three VR studios, and axed its work-focused metaverse platform."
"In February, Meta said it would shut down the VR version of its 3D social platform Horizon Worlds before reversing the decision weeks later, saying it will be available to download 'for the foreseeable future.'"
Meta is laying off hundreds of employees, affecting teams in recruiting, social media, sales, and Reality Labs. The company is restructuring to align with its goals, while also attempting to find new opportunities for impacted employees. Specific numbers of layoffs have not been disclosed. Meta has been distancing itself from its metaverse focus, with significant spending on AI data centers. Previous layoffs included over 1,000 workers in Reality Labs, and the company has made various changes to its VR projects and platforms.
Read at The Verge
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