Meta to Reduce Workforce in Reality Labs Amid Shift Toward AI

Meta is set to lay off approximately 10% of its Reality Labs team, primarily impacting employees working on metaverse projects. This move reflects the company's strategic pivot toward artificial intelligence, which is drawing resources away from virtual reality initiatives. Andrew Bosworth, Meta's CTO and head of Reality Labs, has called an important meeting for staff to discuss these changes. Reality Labs currently employs about 15,000 people, and the layoffs mark a significant shift in Meta's focus away from the metaverse.