Remember Zuckerberg's Cherished Metaverse? Now He's Firing the People He Hired to Build It

Meta CEO Mark Zuckerberg's dream of creating virtual worlds in which we can hang out with our friends, attend work meetings, and play games has been a disaster for a while now. The company has lost billions of dollars on its Reality Labs division, which was tasked with building out the billionaire's vision for the "metaverse" — a concept that had such a hold on Zuckerberg a few years ago that he renamed the entire company Meta back in 2021. Now, The Verge reports, Meta is laying off even more employees in the division — this time pummeling the folks working on its lineup of Quest VR headsets and apps. "Some teams within Oculus Studios are undergoing shifts in structure and roles that have impacted team size," Meta spokesperson Tracy Clayton told The Verge. "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." According to Bloomberg, more than 100 people acr ... Read full article.