Meta Layoffs: Thousands Cut, VR Department Shut Down, AI Takes Center Stage
FFirstpost•26-03-2026, 11:09
Meta Layoffs: Thousands Cut, VR Department Shut Down, AI Takes Center Stage
- •Meta initiates another round of layoffs, impacting sales, recruiting, and Reality Labs divisions.
- •The virtual reality-focused Reality Labs division is significantly scaled back, with several VR game studios shut down.
- •Meta is shifting focus and massive investments towards Artificial Intelligence, projecting up to $135 billion in capital expenditure.
- •The company is aggressively recruiting top AI talent and reassigning executives to AI-driven roles.
- •The layoffs signal a strategic reset for Meta, moving away from metaverse as its centerpiece towards AI as the future.
