
Meta confirms Reality Labs layoffs and shifts to invest more in wearables
🤖AI Özeti
Meta is set to lay off approximately 10 percent of its Reality Labs division, which focuses on extended reality (XR) products and services. This decision comes as part of a strategic shift in investment priorities, moving away from the Metaverse and towards wearables. The layoffs will commence on Tuesday, according to a confirmation from Meta spokesperson Tracy Clayton.
💡AI Analizi
📚Bağlam ve Tarihsel Perspektif
Meta has faced significant challenges in recent years, including rising costs and fluctuating market interest in its Metaverse initiatives. The company's shift towards wearables may reflect a growing recognition of the potential for more immediate returns in this sector, especially as competition intensifies among tech giants.
This article is based on information available as of October 2023 and may not reflect subsequent developments.
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