Meta Shuts Down VR Studio Ready at Dawn

The closure comes as Meta enforces new budget constraints on its Reality Labs division.

Overview

Ready at Dawn, known for Echo VR and Lone Echo, was acquired by Meta in 2020.
The studio's shutdown is part of a broader effort to reduce Reality Labs' budget by 20% by 2026.
Meta's Reality Labs has reported significant financial losses, totaling nearly $4.5 billion in the latest quarter.
Former employees are encouraged to apply for other positions within Oculus Studios.
The studio had a history of developing notable titles for PlayStation, including God of War PSP games and The Order: 1886.