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Meta's Reality Labs is undergoing significant changes, with around 1,500 employees, roughly 10% of its workforce, facing layoffs. This move marks a strategic shift away from virtual reality (VR) and metaverse projects towards artificial intelligence (AI) and augmented reality (AR) wearables. The company is closing several VR game studios, including Sanzaru Games, Twisted Pixel Entertainment, and Armature Studio, which developed popular titles like Asgard's Wrath and Deadpool VR . This decision comes after Reality Labs incurred over $70 billion in losses since 2021, with the metaverse vision failing to gain mainstream adoption. Meta's Chief Technology Officer, Andrew Bosworth, announced the shift, stating that resources will be reallocated to support the growth of wearables and AI technologies . The layoffs have sparked fears of a "VR winter," with concerns that investment in virtual reality will decrease, impacting developers and creators. However, Meta will continue to support existing VR platforms and develop new AR products, like smart glasses Tip the host https://link.space/@RoamingRamble buy me a coffee coff.ee/jadirigameb Amazon wishlist https://www.amazon.ca/hz/wishlist/ls/...