Meta to Make Mass Layoffs in its Reality Labs Division

Mark Zuckerberg passion for metaverse, led him to make quite radical decisions. Zuckerberg, who changed the name of the company we called Facebook for years to “Meta”, spent huge amounts of money to establish a virtual world. In this context; working on the metaverse Reality Labssince the first day of its establishment More than $40 billion made a loss. However, Zuckerberg was determined not to give up his passion for the metaverse.

Now, there has been a remarkable development regarding the issue. According to information from internal sources, Mark Zuckerberg is the owner of Reality Labs. to shrink decided. The first team to be discarded was the unit called Facebook Agile Silicon Team (FAST), which worked to produce chips within Reality Labs. employs 600 people It is currently unknown how many people will be fired from the unit.

This move is not unreasonable: So why?

Meta announced in June Quest 3 It did not use the chips it produced itself in its metaverse title. The company instead QualcommHe received support from. In the title in question, the second generation Snapdragon XR2 processor was used. In this case, Meta’s Reality Labs closing or downsizing its chip manufacturing unit It’s not very surprising. We can even say that this is a logical move. So why?

Technology companies have begun to have serious difficulties due to global inflation. In fact, Meta, in order to reduce increasing costs and better adjust the income/expense balance. 21 thousand personnel He also parted ways with. If we add to this that Reality Labs loses approximately $1 billion every month, we can say that it is very logical for the division to shrink. After all, Qualcomm has developed chips for the augmented or virtual reality world. high level success reached. Sometimes if it doesn’t work, you shouldn’t force it…