Meta CTO Defends Layoffs Amid Slowing VR Growth, Reaffirms Metaverse Commitment
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Storyboard•30-01-2026, 14:38
Meta CTO Defends Layoffs Amid Slowing VR Growth, Reaffirms Metaverse Commitment
- •Meta CTO Andrew Bosworth defended recent layoffs, citing slower-than-expected virtual reality adoption.
- •The decision reflects a recalibration of investments in VR, despite continued heavy investment in immersive technologies.
- •Layoffs primarily affect the Reality Labs division, impacting over 1,000 roles, about 10% of the hardware division.
- •This move suggests a shift in Meta's metaverse strategy, focusing more on mobile platforms and smart glasses.
- •The company had signaled these changes in December 2025 to optimize spending across its technology bets.
Why It Matters: Meta CTO defends VR layoffs, stating growth hasn't met expectations, leading to investment recalibration.
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