Meta has recently laid off employees in its Reality Labs division, particularly impacting Oculus Studios and hardware teams. Notably, the layoffs affect the VR fitness game Supernatural, acquired for over $400 million. Meta aims to restructure teams for greater efficiency in developing future mixed reality experiences, while still focusing on current content for users. Despite these cuts, Meta remains committed to investing in mixed reality, especially in fitness and gaming. For emerging tech founders, this signals a shift in internal priorities towards more efficient development processes in mixed reality, suggesting opportunities for innovation in gaming and fitness tech.
Originally published at www.theverge.com
