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Meta reportedly lays off around 700 workers, Reality Labs division affected

Meta has reportedly laid off approximately 700 employees, with its Reality Labs division being significantly impacted. This follows an earlier reduction in the Reality Labs workforce that led to the closure of three VR studios. Separately, the German games market saw a 4% growth in 2025, reaching €9.4 billion, primarily driven by hardware sales from new consoles like the Nintendo Switch 2 and ASUS ROG Ally.

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