Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
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Meta isn't giving up on VR, but it just evaporated any goodwill it had left

Meta laid off most of its first-party development studios and seemingly shuttered developer funding, leaving many to wonder ...