Meta CTO Bosworth Calls Urgent In-Person Meeting for Reality Labs Staff Amid Losses

• Meta CTO Andrew Bosworth has called a rare in-person meeting for Reality Labs staff on January 14, described as the 'most important meeting of the year'.
• The directive emphasizes physical attendance, despite Meta's remote-first culture, with managers urging employees to deprioritize other commitments.
• Reality Labs, Meta's VR/AR division, is under scrutiny for over $70 billion in losses since 2020, despite products like Ray-Ban smart glasses.
• The division has faced multiple layoffs and budget cuts, raising internal questions about Meta's metaverse and hardware strategy.
• Bosworth, a Harvard computer science graduate and former leader of Meta's Ads and Business Platform, will address these concerns.

Why It Matters: Meta's Reality Labs faces critical internal meeting amid significant financial losses and strategic uncertainties.