Meta has reportedly laid off over 100 workers throughout its Actuality Labs division.
The embattled enterprise unit homes Meta’s wearable {hardware} and software program enterprise (previously often known as Oculus) and misplaced over $17.7 billion over the past fiscal yr.
Bloomberg is reporting that over 100 staff have been laid off throughout the division. That quantity comes from a supply conversant in the state of affairs.
These impacted embody employees engaged on a Meta Quest health software referred to as Supernatural. “We’re deeply saddened to share that these modifications have resulted within the lack of a few of our extremely proficient staff members,” reads a Fb submit from the Supernatural staff.
Meta uncared for to touch upon the precise scope of the layoffs however confirmed downsizing is happening.
“Some groups inside Oculus Studios are present process shifts in construction and roles which have impacted staff dimension,” Meta spokesperson Tracy Clayton advised Bloomberg.
“These modifications are supposed to assist Studios work extra effectively on future combined actuality experiences for our rising viewers, whereas nonetheless delivering nice content material for folks as we speak.”
Clayton added that Meta stays “dedicated to investing in combined actuality experiences together with health and video games.”
The Verge first reported on the cuts, which arrive round six months after Meta CFO Susan Li contemplated whether or not Actuality Labs may maybe be extra environment friendly with the division burning by way of money hand over fist.
Meta has loads of pedigree with regards to layoffs. In January, the corporate made 5 p.c of its workforce redundant to “transfer out low performers sooner.” Previous to that, it laid off 21,000 workers throughout 2022 and 2023.
