Discussion

• NewsMax.com Newsmax Wires on x

  Meta to Lay Off 10% of Reality Labs Workforce

• @samsolid57 Sam Badawi on x

  $META will cut 10% of staff at Reality Labs, per the NYT. At the same time, the company is ramping datacenter investment while trimming headcount in non-core orgs to help offset rising CapEx. The question is whether this is the early shape of a hyperscaler strategy like $GOOGL [i…

• @p_remarks @p_remarks on x

  Cutting 10% of FRL the same day they announce Meta Compute This is why you can't back out FRL losses. He will just repurpose them into a new venture

• @mikeisaac Rat King on x

  meta isn't ditching VR, nor is it necessarily decreasing overall spending since it is HEAVILY on AI. execs are making cuts across different units that arent working while pouring cash into other parts of the business wearables like the Ray-Bans have been a bright spot

• @caktusjaxk1 @caktusjaxk1 on x

  Meta is basically saying: “Less metaverse. More superintelligence.” •$META reportedly planning ~10% cuts in Reality Labs (VR/metaverse-heavy). •Reality Labs is ~15k people; cuts could land as soon as Tuesday. •AR/smart glasses group largely spared; Ray-Ban glasses reportedly [ima…

• @eringriffith Erin Griffith on x

  meta does layoffs in its metaverse division. is it too late for meta change its name to llama, ticker symbol LLM https://www.nytimes.com/...

• @mikeisaac Rat King on x

  Meta to announce cuts of around 10% of its Reality Labs unit, focused mostly on the Metaverse division. cuts could amount to upward of 1,500 people Meta plans to shift that budget into AI and wearables like Meta Raybans story w/ @elitanjourno https://www.nytimes.com/...

• @anshelsag Anshel Sag on x

  So, with today's layoff announcement, @Meta has now laid off people for five years straight, following a 23% increase in headcount in 2021.

• @edludlow Ed Ludlow on x

  NEWS: Meta is seeking to double Ray-Ban Meta capacity to 20 million units in 2026. If demand is clear, talks with EssilorLuxottica included going further to 30 million units. Current capacity for 2026 is 10m Bloomberg reporting citing sources @danielelepido @antoniovanuzzo

• @zephyr_z9 @zephyr_z9 on x

  Zuck needs to launch a model before creating big brain plans

• @joshinvestsai @joshinvestsai on x

  This news comes on the same day Apple conceded it was time to start taking AI seriously and integrate Gemini.  Sounds like to me that those who fall behind will be forced to pay a bigger price in the long term.  If I were to want to be positioned I'd probably want to be in the cr…

• @michaeljburry Cassandra Unchained on x

  And Meta gives in, throwing away its one saving grace. Watch ROIC crash.

• @hd_nvim @hd_nvim on x

  @amitisinvesting Yet the announcement barely includes hints about Monetization. except “Daniel will (be)... responsible for .... business modeling”

• @thexcapitalist @thexcapitalist on x

  $META CLOUD IS COMING. It's the obvious path for $META as it's unlikely that they'll win the foundational model game. Their models will be good but they'll be mostly limited to applications connected to their family of apps. Future of $META is cloud. Couldn't be more bullish. [im…

• @mvcinvesting M. V. Cunha on x

  🚨 VERY bullish news for AI infrastructure stocks. Mark Zuckerberg just announced a new top-level initiative called Meta Compute. $META plans to build “tens of GWs this decade, and hundreds of GWs or more over time.” I wouldn't be surprised to see another contract with $NBIS. [ima…

• @vicinvesting @vicinvesting on x

  $META has been down quite a lot over the past few months mainly because of higher-than-expected AI CAPEX outlook, which will impact its margins and FCF in the coming quarters. In my view, this is a temporary headwind. Meta's core social media and advertising business fundamentals…

• @tyler__palmer Tyler Palmer on x

  @amitisinvesting Meta getting into cloud compute was destined to happen. Helps de-risk the overbuild.

• @headinthebox Erik Meijer on x

  When I asked Zuck about this when I interviewed in 2013, he said this would never happen ;-0 But I think it is actually a great time to be doing this, if they execute correctly. All the existing Cloud providers are aimed at *human* developers, what Meta should do is to optimize

• @the_ai_investor @the_ai_investor on x

  Zuck said Meta is planning to build tens of gigawatts this decade, and hundreds of gigawatts or more over time. They are establishing a new top-level initiative called Meta Compute for it. Jensen would be like: 10 of Metas ( xAI, OpenAI, Anthropic, etc.) each needs 100Gw or

• @stocksavvyshay Shay Boloor on x

  $META is on track to become one of the largest AI compute platforms in the world that's built on top of the most engaged network ever created.

• @amitisinvesting Amit on x

  $META so...Zucks going after GCP, AWS, and Azure now? makes sense...all this extra compute...can easily monetize it with the seeming unrelenting demand meta becomes a cloud play? [image]

• @quinnypig.com Corey Quinn on bluesky

  Good thing they didn't rename the whole company to chase the boondoggle.  [embedded post]

• @xuwu Wu Xu on x

  The truth is Meta's investment in Reality Labs is still at a high level. This year it will likely remain well into the tens of billions of dollars, and it could even be north of $15B, with headcount still at 10,000+. Back in 2021, when metaverse hype was at its peak, Reality

• @elucidating.extradimensional.space @elucidating.extradimensional.space on bluesky

  Yeah, no surprise there.  The entire Meta effort is pointless, gaming isn't a significant effort for them, and the only traction they have going forward is AR wearables.  —  Now I submit even this will suck, but there are *possible* successes in this.  [embedded post]

• r/virtualreality r on reddit

  Meta has closed several studios, including 'Splosion Man studio Twisted Pixel and Asgard Wrath's Sanzaru Games |  VGC

• r/Games r on reddit

  Meta has closed several studios, including 'Splosion Man studio Twisted Pixel and Asgard Wrath's Sanzaru Games |  VGC

• r/Slycooper r on reddit

  Sanzaru Games, developers of Sly Cooper: Thieves in Time, have been shut down by Meta

• r/PSVR r on reddit

  Dark Days for VR gaming ahead

• r/augmentedreality r on reddit

  Meta reportedly cutting about 1,500 jobs in Reality Labs division

• @ibrews Alex Coulombe on x

  I've had friends affected by the Meta layoffs before, but today is different— I can't believe how many incredible people are suddenly out of work.

• @tomwarren Tom Warren on x

  Meta is laying off about 10% of its Reality Labs metaverse division, and the cuts include closing down some of its VR gaming studios. Twisted Pixel Games, Sanzaru Games, and Armature Studio are all being closed down 😔 https://www.theverge.com/...

• @handpressed.net Nick on bluesky

  I will never get my head (and upper body but not my legs) around how anyone thought the “Metaverse” was a good idea.  Billions wasted on the whims of an awful cunt.  [embedded post]

• @ohheymarc Marc Stone on bluesky

  Ah yes, because EVERYONE will be super into Wearables by Meta.  Everything else they've done has worked out wonderfully for them.  Those VR games only made millions after all.  [embedded post]

• @ianbetteridge.com Ian Betteridge on bluesky

  After $100bn wasted, I think Mark Zuckerberg, controlling shareholder of Meta, should fire Mark Zuckerberg, CEO of Meta [embedded post]

• @nathievr @nathievr on x

  My heart goes out to everyone at Meta who is losing their job today, many of whom I've become friends with over the years and who have truly earned their stripes in the XR scene. I'm confident they'll land great roles and keep doing what they do best.

• @scobleizer Robert Scoble on x

  I was a VR advocate for such a long time that this is really personal to me. It's something I got wrong: I thought VR would be a lot more popular than it turned out to be. Glasses are coming. There were huge crowds around all the glasses booths at CES, but the utility just

• @sadlyitsbradley Brad Lynch on x

  So is Meta calling their MR glasses “Phoenix” because they think it will help them “rise from the ashes” Because there's quite a lot of ashes to rise from...

• @bmfshow Matt on x

  What a sucky heartbreaking day for those working on VR at Meta. I'm seeing layoffs and studios shut downs all over. Twisted Pixel seems to be shut down, Deadpool VR, Sanzaru is shutdown, Asgard's Wrath, Supernatural team is gone, Armature, RE4 VR gone, layoffs all over for VR.

• @lunayian Luna on x

  Content teams (and studios) would also shift from being solely focused on VR exclusive experiences, and more broadly working on agnostic content for headsets, wearables, and mobile simultaneously.

• @lunayian Luna on x

  With regards to Meta layoffs: I'm hearing that their strategy is shifting so that within the Metaverse org, the Quest/HzOS side of things will be more focused on VR, rather than Horizon, and that Horizon itself would be more focused on mobile and cross compatible experiences.

• @gematsu.com @gematsu.com on bluesky

  Meta shuts down Armature Studio, Sanzaru Games, and Twisted Pixel  —  Meta will close game studios Armature Studio, Sanzaru Games, and Twisted Pixel, the company confirmed to Gematsu.

• r/TwoBestFriendsPlay r on reddit

  Meta shuts down Armature Studio, Sanzaru Games, and Twisted Pixel

• r/SonicTheHedgehog r on reddit

  Sonic Boom: Shattered Crystal and Fire & Ice developer Sanzaru Games has been shut down

• @bmfshow Matt on x

  To be clear it's awful what happened at Meta today...but I don't think VR is dead or anything still. In fact j think Meta still plans to invest in VR and probably will still launch another headset. I feel like what this is is then trying to stop hemorrhaging money and bring it

• @grummz @grummz on x

  Meta is planning to lay off hundreds. They used to spend billion on their VR metaverse. Renamed the whole company, They completely failed to see AI coming. [image]

• @lunayian Luna on x

  In accordance with this, the Horizon OS org/group will be renamed to simply be Virtual Reality (though the OS will still be Horizon OS). This year's focus will be ensuring consistent software quality and that Phoenix (aka: Loma, Puffin, 'Quest Air') has a solid launch in 2027.

• @benz145 Ben Lang on x

  Really sorry to hear this news for all the people affected. This looks to be the culmination of a shift in that's been brewing for the last few years: the bulk of the Quest audience is younger and looking for free-to-play multiplayer games. Big investments in single player games

• @thejobchick Amanda Goodall on x

  BRUTAL. META Layoffs are HAPPENING today. Reality Labs is cutting almost everyone working on its virtual reality and metaverse products. About 1000-1500 job cuts reported. Twisted Pixel and Sanzaru studios have been closed as well. Reality Labs lost $4.4B in Meta's most recent

• @stocksavvyshay Shay Boloor on x

  I still believe $META will be a huge winner in the AI economy for three reasons: 1. The company controls where billions of people already spend their time through Insta, Facebook & WhatsApp so any AI feature it launches instantly reaches massive scale without having to acquire [i…

• @amitisinvesting Amit on x

  $META feels like the street doesn't trust Zucks at all they are going to have a great Q4, obviously undervalued at 18x fwd compared to other Mag 7s, just announced a new compute initiative (maybe new cloud biz) and acquired Manus which is bringing real agentic workflows to [image…

• @andythps @andythps on x

  I've just been laid off. It appears the entire @twisted_pixel games studio has been shut down. @SanzaruGames too

• @jasteinerman Jake Steinerman on x

  Thanks for everyone who's reached out to me today. SO MANY insanely talented people across RL were affected as well. Please reach out to them too!

• @asychov Artur Sychov on x

  Horizon platform has no future because no more affordable VR headsets will be released by Meta for Horizon OS, so gradually number of active users will shrink even further.

• @dbloodworth2 Daniel Bloodworth on x

  Really wish giant money companies that swallow up studios for trend chasing would find ways to let these studios regain their independence rather than just killing them off.

• @glitchfandango @glitchfandango on x

  If this is true (I see no reason why it wouldn't be) then this marks a truly sad inflection point for VR Sanzaru are among the best developers in VR. If Meta are shuttering studios of this caliber then this is the first time I've started to actually worry about the future of VR

• @vescosein @vescosein on x

  This one hurts. Twisted Pixel made some of the best 360 arcade games and Sanzaru made a great Sly Cooper sequel. Getting relegated to the Facebook VR mines and then being shutdown is brutal.

• @killian_c_u @killian_c_u on x

  Armature is composed of people who worked at Retro and made Metroid Prime. Their recent release, RE4 VR is legit incredible. Absolutely vile action, not just Armature but Sanzaru and Twisted Pixel.

• @victor_lucas Victor Lucas on x

  VR game makers can make ANY kind of videogame. Savvy publishers and biz dev peeps that are looking for their next level up should be assembling a bunch of killer new game studios from the talented game makers leaving Twisted Pixel, Armature, Sanzaru, Cloudhead, etc. These

• @raeljamsesh Rael Hodgson on x

  Supernatural acquisition gotta be the biggest fumble of all time. Where was the international launch? Yes yes music licensing is a bitch but you're Meta 😂

• @davelee.me Dave Lee on bluesky

  The only good app in VR is being killed off [embedded post]

• @themoonis.gay Shayna Moon on bluesky

  I'm hearing that my old team at Sanzaru within Meta has been hit with a total studio shutdown.  If you see these folks apply to your studios, please hire them!  It is a really great group of people.  —  As for Zuckerberg, wouldn't spit on him if he was on fire.

• @marioprime Giovanni Colantonio on bluesky

  Meta stinks and had a terrible vision for VR.  But it also invested in great studios who were producing excellent games that pushed the medium forward, despite Meta not being as serious about that.  I hope those shuttered teams can get their flowers and not be lumped into “tech b…

• r/pcgaming r on reddit

  Meta is closing down three VR studios as part of its metaverse cuts: Sanzaru Games, Twisted Pixel Games, and Armature Studios

• r/Games r on reddit

  Meta is closing down three VR studios as part of its metaverse cuts.  Developers from Twisted Pixel Games and Sanzaru Games have posted about their studios being closed down.

• @neilcybart Neil Cybart on x

  Sneaky stuff from Meta and EssilorLuxottica as they play PR games to make Ray-Ban Meta demand look stronger than reality. Both talking up “production capacity” while leaking 20M / 30M units per year figures. Funny how they then become tight-lipped when it comes to actual sales.

• @skeptrune Nick Khami on x

  outlasting / survival is alone a winning strategy even a CEO as great as Zuck had to fail at wearables for 8yrs before finding product market fit with the ray-bans [image]