1 year 6 months ago
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Meta, the owner of Facebook and maker of Meta Quest VR headsets, will cut 11,000 jobs in a deep effort to restructure its business, boss Mark Zuckerberg announced today.
The move will see Meta's overall workforce shrink by 13 percent, with some areas of the business impacted more than others.
Specifically how this will impact the company's development of Meta Quest remains unclear, though Zuckerberg stated today that the company's "long-term vision for the metaverse" remained one of a small number of "high priority growth areas".