Meta, the parent company of Facebook, is reportedly trimming its workforce in the metaverse silicon division, according to insider sources.
This move comes as Meta continues to face challenges and scrutiny in the metaverse space.
The metaverse silicon unit, responsible for developing hardware components for Meta’s ambitious metaverse plans, will see a significant reduction in staff. While specific numbers have not been confirmed, sources suggest that several hundred employees may be affected.
Meta’s decision to cut jobs in this division reflects the company’s need to reevaluate its metaverse strategy and allocate resources more efficiently. The metaverse project has faced technical hurdles and mixed public reception, prompting Meta to adjust its approach.
This restructuring follows Meta’s recent announcement of a new metaverse roadmap, which includes plans for improved hardware and software integration to enhance the metaverse experience for users.
The company aims to remain at the forefront of the metaverse revolution despite the challenges it has encountered. However, the decision to downsize its silicon unit suggests a reevaluation of priorities and a desire to streamline operations.
