Meta Cuts Over 100 Jobs in Metaverse Division

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Meta has reportedly laid off more than 100 employees from Reality Labs, its division dedicated to metaverse initiatives. The cuts have affected teams working on developing experiences for Meta’s virtual reality (VR) headsets, as well as those focused on VR and metaverse hardware. Meta spokesperson Tracy Clayton confirmed the layoffs, explaining that certain teams are "undergoing shifts in structure and roles that have impacted team size." She added that the changes are intended to help Meta "work more efficiently on future mixed reality experiences for our growing audience." However, Meta did not disclose the exact number of employees affected.