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Meta to fire employees working on metaverse silicon

Shortpedia

Content Team
Image Credit: FPJ

Meta Platforms is said to be gearing up for layoffs in its metaverse-focused Reality Labs division, specifically targeting the Facebook Agile Silicon Team (FAST) that works on custom silicon development. Insiders expect the announcement to come as soon as today. The scope of the layoffs remains uncertain. There are concerns about how this move might affect Meta's ambitious metaverse projects, especially the development of AR glasses.