Meta plans to cut 10% of the staff in the virtual reality department.
According to reports, Meta is continuing to shift resources towards artificial intelligence research and development, with plans to cut at least 10% of the staff in the Reality Lab, a virtual reality research department. The Reality Lab currently has approximately 15,000 employees, and the layoff plan may be announced as soon as Tuesday. This news of layoffs comes at a critical time for the parent company of Facebook as they are eager to solidify their position in the artificial intelligence competition in Silicon Valley.
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