๐ŸšจMeta to cut staff in Reality Labs division๐Ÿ‘ฉโ€๐Ÿ’ป focusing on #metaverse development. Layoffs to affect Facebook Agile Silicon Team, working on custom chips for AR & VR devices๐Ÿ•ถ๏ธ. Move aims to concentrate on "less bulky AR glasses"๐Ÿ‘“ with first version expected in 2024. This is Meta's 2nd round of layoffs since 2022, after cutting 11,000 jobs in November๐Ÿ“‰. Despite cuts, Meta plans to double down on metaverse investments๐Ÿ’ฐ. Thoughts on Meta's strategy? Share in the comments๐Ÿ‘‡