Meta's Reality Check: Layoffs Rock Oculus Studios and VR Fitness App Supernatural

In a significant restructuring move, Meta has conducted layoffs within its Reality Labs division, specifically impacting Oculus Studios and the VR exercise app Supernatural. These changes are part of an effort to optimize the development of mixed reality experiences for Meta's growing audience. Although Meta hasn't disclosed the number of employees affected, the layoffs reflect the company's ongoing challenge to balance its ambitious metaverse goals with substantial operating costs. Reality Labs has faced significant financial losses, meanwhile generating modest revenues. The impact of these layoffs on Supernatural includes a reduction in new weekly workouts, but with an expanded range of skill levels for existing workouts. Despite these adjustments, the app's coaches remain unaffected. As Meta prepares for its quarterly earnings report, these layoffs highlight the critical year ahead for Reality Labs as it navigates its role in the company's broader strategy. The move also underscores Meta's commitment to mixed reality, despite the financial hurdles.