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Meta Confirms Layoffs in Reality Labs, Impacting Oculus and Supernatural Teams

The company restructures its VR division to address financial losses while reaffirming its commitment to mixed reality fitness and gaming content.

Meta logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration
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Overview

  • Meta has implemented layoffs in its Reality Labs division, affecting teams in Oculus Studios and hardware development.
  • The VR fitness game Supernatural, acquired for over $400 million, is among the titles impacted by the restructuring.
  • Meta spokesperson Tracy Clayton stated that the changes aim to improve efficiency while maintaining a focus on mixed reality experiences.
  • Despite challenges with Quest headset sales, Meta remains committed to supporting the Quest ecosystem and delivering content for its user base.
  • While Quest sales struggle, Meta's Ray-Ban smart glasses have exceeded sales expectations, reflecting mixed product performance across the company.