Oculus VR—Laid off approximately 1,500 employees from Reality Labs division
Meta cut about 10% of its Reality Labs division, approximately 1,500 employees, as part of a shift from Metaverse investment toward AI and wearables. CTO Andrew Bosworth announced the layoffs in an internal post, stating the company plans to 'reinvest the savings to support the growth of wearables.'
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.572 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.57)
Evidence (1 signal)
Laid off approximately 1,500 employees from Reality Labs division
Meta cut about 10% of its Reality Labs division, approximately 1,500 employees, as part of a shift from Metaverse investment toward AI and wearables. CTO Andrew Bosworth announced the layoffs in an internal post, stating the company plans to 'reinvest the savings to support the growth of wearables.'