Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, volition beryllium laid disconnected opening connected Tuesday, arsenic reported by Bloomberg.

Meta spokesperson Tracy Clayton confirmed the layoffs successful a connection to The Verge: "We said past period that we were shifting immoderate of our concern from Metaverse toward Wearables. This is portion of that effort, and we program to reinvest the savings to enactment the maturation of wearables this year."

Meta's Ray-Ban astute glasses person stolen the spotlight from its VR headsets successful caller years, particularly with past year's motorboat of the Meta Ray-Ban Display. As Bloomberg besides reported connected Tuesd …

Read the afloat communicative astatine The Verge.