🚨Meta to cut staff in Reality Labs division👩‍💻 focusing on #metaverse development. Layoffs to affect Facebook Agile Silicon Team, working on custom chips for AR & VR devices🕶️. Move aims to concentrate on "less bulky AR glasses"👓 with first version expected in 2024. This is Meta's 2nd round of layoffs since 2022, after cutting 11,000 jobs in November📉. Despite cuts, Meta plans to double down on metaverse investments💰. Thoughts on Meta's strategy? Share in the comments👇