Meta's VR focus overshadowed by layoffs and morale crisis.
TL;DR
Meta is reportedly shifting its focus towards gaming and is discussing ways to bring major IPs like "Call of Duty" and "Grand Theft Auto" to the Quest store. Layoffs are expected to affect teams working on Facebook, Instagram, Whatsapp, and Meta's Metaverse division, but teams focused on gaming will be spared. The company is also retooling its headsets to improve them for gaming and developers, and is expected to launch numerous first-party titles with the release of Meta Quest 3 later this year.
Topics:businessvirtual-reality-gaming#game-development#layoffs#meta#quest-headsets#virtual-reality-gaming#vr-gaming
- Report: Meta is doubling down on VR gaming and “retooling” headsets MIXED Reality News
- Facebook and Instagram owner Meta is on its next round of layoffs Vox.com
- Meta Prepares More Layoffs Across Facebook, WhatsApp, Instagram NDTV
- Ad Exec Exodus at Meta Business Insider
- S|W: The SaaS Weekly – With more layoffs coming, Meta is facing a morale crisis BetaKit - Canadian Startup News
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