Meta lays off hundreds of workers, including more from Reality Labs
Meta has laid off hundreds of employees, with a significant number from its Reality Labs division, which focuses on VR and the metaverse. These cuts come amid substantial investments in AI infrastructure and a reported workforce reduction plan. Several executives are also set to receive large, performance-tied compensation packages.
- Entities
- Person: Susan Li
- Topic: Artificial Intelligence
- Topic: Layoffs
- Person: Andrew Bosworth
- Company: Meta
- Person: Chris Cox
- Person: Mark Zuckerberg
- Company: Reality Labs
- Person: Javier Olivan
- Topic: Metaverse
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