FIGHTING FOR NNAMDI KANU’S FREEDOM DENIED ME MANY BENEFITS – REPS MEMBER, AGUOCHA. (PHOTO).
Meta is laying off several hundred employees across multiple divisions, including Facebook, global operations, recruiting, sales, and its virtual reality branch, Reality Labs, as the company shifts focus toward artificial intelligence. Some affected employees are being offered new roles within the company, though some positions may require relocation.
The layoffs follow previous reductions in January, when more than 1,000 Reality Labs positions were cut, and several VR studios were closed, impacting about 10% of the hardware division that produces Quest headsets and Horizon Worlds. Meta continues to invest heavily in generative AI, bringing on talent and acquiring startup Dreamer, with co-founder Hugo Barra returning to lead AI efforts. In addition, the company announced a new stock option incentive program for top executives, intended to retain leadership as Meta pursues its aggressive AI strategy.
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