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Meta cuts jobs at its Reality Labs mixed reality unit

  • Meta Platforms, the parent company of Facebook, is cutting jobs at its Reality Labs unit.
  • Over 100 staffers are affected, with the layoffs mainly impacting Oculus Studios and Supernatural groups within Reality Labs.
  • Supernatural is a mixed reality fitness app obtained by Meta through the acquisition of startup Within Unlimited Inc. for around $400 million.
  • The job cuts aim to improve the financial performance of Reality Labs, which reported a loss of $4.96 billion on $1 billion in revenue in Q4 2024.

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