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

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.

Interpretation of this information:

Reports have indicated that Meta, the parent company of Facebook, is planning further rounds of layoffs in the coming months. The scale of these layoffs is likely to be similar to the 13% reduction in staff that the company implemented last year. The layoffs are expected to be announced in waves, with the first wave expected to be announced next week. Non-engineering jobs are expected to be particularly affected. Additionally, Meta is expected to close certain projects and teams, including its hardware and wearable devices in RealityLabs, which suggests that the company is shifting its focus away from promoting virtual reality and augmented reality products in the short term.

This news suggests that Meta is continuing to restructure its business after changing its name from Facebook earlier this year. The company has been dealing with a number of challenges, including regulatory scrutiny and falling user engagement, and it appears to be making changes to cut costs and focus on its core business. The decision to scale back on virtual reality and augmented reality products is likely a result of the slow adoption of these technologies by consumers, as well as the high costs associated with developing these products.

The layoffs are likely to have a significant impact on the affected employees, and it remains to be seen exactly how the restructuring will affect Meta’s business in the long term. However, the company appears to be taking steps to address its challenges and focus on its core strengths.