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Meta To Lay Off Some Employees In Its Metaverse Division Today

Meta To Lay Off Some Employees In Its Metaverse Division Today

The Metaverse, despite the immense hype and colossal investments, has yet to achieve the stellar success many expected. Meta, a pioneer in Metaverse ventures, disclosed plans to lay off employees within its Reality Labs division from today, particularly those involved in crafting custom silicon. While Meta's foray into the Metaverse has generated buzz, it raises questions about the elusive allure of this digital frontier. The layoff news was communicated to the affected employees through an internal post on Meta's discussion forum, Workplace, with notifications set to be delivered by...

October 4, 2023
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