Meta Shuts Down Three VR Studios and Lays Off Roughly 10% of Reality Labs

Meta has made significant changes to its Reality Labs division, shutting down three of its internal VR game development studios. The studios, Armature Studios, Sanzaru Games, and Twisted Pixel, have been impacted by the decision. This move comes as Meta shifts its focus from the metaverse to AI wearables.

According to ^[2] PC Gamer, the layoffs are part of a broader effort to realign the company's priorities. The exact number of employees affected by the layoffs is not specified, but it is reported to be around 10% of the Reality Labs workforce.

The closure of these studios marks a significant shift in Meta's strategy, as the company moves away from its focus on VR and the metaverse. Instead, it is investing more in AI wearables, which are seen as a promising area of growth.

This decision has sparked concerns among industry insiders and gamers alike, who are worried about the impact on the VR gaming community. However, Meta has stated that it remains committed to its VR efforts and will continue to support existing VR titles.

The news comes as Meta is under increasing pressure to deliver results and justify its investments in the metaverse. The company has faced criticism for its handling of VR-related projects, and the layoffs are seen as a way to streamline its operations and focus on more promising areas.

As Meta continues to evolve its strategy, it remains to be seen how this decision will impact the VR gaming industry. However, one thing is clear: the company is committed to exploring new areas of growth and innovation.

Sources

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[2] Meta is closing 3 VR studios and laying off roughly 10% of reality labs as it shifts focus from the metaverse to AI wearables, it's next sure-fire, can't-miss idea
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