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Meta to Announce Further Layoffs and Cut Projects

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According to reports, people familiar with the situation said that Meta plans to announce further layoffs in several rounds in the coming months, and the scale…

Meta to Announce Further Layoffs and Cut Projects

According to reports, people familiar with the situation said that Meta plans to announce further layoffs in several rounds in the coming months, and the scale of layoffs will be roughly the same as that of 13% layoffs last year. People familiar with the matter said that the first wave of the new round of layoffs is expected to be announced next week. Non-engineering jobs may be particularly affected. At the same time, Meta is expected to close some projects and teams. People familiar with the matter said that the projects to be cut include Meta’s hardware and wearable devices in RealityLabs, the meta-space department, which indicates that Meta will give up promoting virtual reality and augmented reality products in the short term and take them as long-term research work.

Meta has learned that it plans to further lay off employees, and the Meta Universe department may be affected

Analysis based on this information:


Meta, formerly known as Facebook, is reportedly planning to announce further layoffs in the coming months, which will be similar in scale to the 13% layoffs that took place last year. The layoffs will be conducted in several rounds, and the first wave is expected to be announced next week. According to sources, non-engineering jobs may be particularly affected. The company is also expected to close some projects and teams.

One of the projects to be cut includes Meta’s hardware and wearable devices in RealityLabs, the meta-space department. This indicates that Meta may be giving up on promoting virtual reality and augmented reality products in the short term and focusing on them as long-term research work. This move suggests that Meta may not have been able to achieve the desired success with its virtual reality and augmented reality products so far.

The announcement of further layoffs may indicate that Meta is restructuring itself to focus on its core business areas. It is worth noting that Meta has been expanding its business interests in recent years, including acquiring companies like Oculus VR, which specializes in virtual reality hardware and software. However, the recent move to cut back on these projects may suggest that the company may be reassessing its priorities.

The announcement of layoffs may have a significant impact on the affected employees, as well as on the company’s overall morale. It is important to note that layoffs can be a difficult and stressful experience for both the employees and the company. However, if conducted properly, they can help companies to restructure themselves and focus on their core business areas.

In conclusion, the news of Meta’s plan to announce further layoffs and cut projects may suggest that the company is reassessing its priorities and focusing on its core business areas. The move to cut back on virtual reality and augmented reality projects may indicate that the company may not have been able to achieve the desired success in these areas so far. It will be interesting to see how Meta’s shareholders, stakeholders, and employees respond to the announcement of these changes.

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