🚨 Shock in the cryptocurrency world! Meta plans to reduce the number of staff in its Reality Labs division, which works on the metaverse. This will be the company's second wave of layoffs since 2022. Reasons:

- They want to focus on thinner AR glasses that look like real glasses 😎

- The first glasses version is expected to be completed in 2024

- Approximately 11,000 layoffs in November 2022

- Reality Labs has lost $34 billion since 2020

Still, Meta will continue to invest in the metaverse!