Meta’s Reality Labs Faces Major Restructuring Amid Shift Towards AI
In a significant pivot, Meta is set to announce layoffs affecting about 1,500 workers from its Reality Labs division, which represents roughly 10% of its workforce. This news comes as Meta seeks to realign its priorities and invest more heavily in artificial intelligence programs.
Highlights:
- Shift in Focus: A planned 30% budget cut hints at a decreased emphasis on the metaverse, shifting resources toward AI.
- Upcoming Meeting: CTO Andrew Bosworth has deemed Wednesday’s Reality Labs meeting as “the most important” of the year, with employees expected to attend in person.
- New Leadership: Meta welcomed Dina Powell McCormick as its new president, signaling a strategic shift towards enhancing infrastructure.
Meta’s CEO, Mark Zuckerberg, emphasizes that investing in AI will create a strategic advantage.
Now is the time for the tech community to engage with these changes. What are your thoughts? Share your insights!
