NEW YORK, Oct 4 — Meta is planning to lay off employees today in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar...
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A Meta spokesperson declined to comment on the plans. Reuters was not able to determine the extent of the cuts to the silicon unit, called Facebook Agile Silicon Team, or FAST. However, Meta has struggled to make chips that can compete with silicon produced by external providers and has turned to chipmaker Qualcomm to produce chips for its devices currently on the market.
Meta currently makes a line of mixed reality headsets called Quest and smart glasses designed with Ray-Ban eyeglass maker EssilorLuxottica that can stream video and speak with wearers through a new AI virtual assistant.
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