Last year, there were rumors that Facebook, which was not yet known as Meta, was developing an smartwatch , which will adopt a sporty modular design and boast about health functions. In short, at first glance, the device appears to be a competitor to the Apple Watch. Unfortunately, the development plan has been cancelled due to a series of setbacks in the company.
Reuters said that in this unprecedented move, 50% of 11,000 employees were fired, and Meta plans to develop more smart displays and smart watches. The company canceled Apple watch competitors in one fell swoop. Chief Technology Officer Andrew Bosworth, who heads the company's reality labs division, said the wrist wearables department will now be responsible for the development of augmented reality glasses.
It is not clear when these augmented reality glasses will be launched, but there are rumors that Apple is also developing a pair of glasses, but it will take several years for these glasses to be realized. The report also noted that Meta executives are reorganizing other departments of the company to combine their voice and video calling departments with other messaging teams. To this end, executives intend to create a brand new division called the Family Foundation.
The number of employees leaving Meta accounts for 13% of the total labor force. It is unclear whether some talented engineers or software developers will jump to Apple , but Apple has also implemented a recruitment freeze due to the slowdown. However, the California-based giant will only recruit individuals under certain conditions, so it is no surprise to hear former Meta employees work on Apple's augmented and mixed reality products in the near future. Mark Zuckerberg, CEO of
Meta, is responsible for the layoffs, saying the incidents occurred because of his decision-making mistakes, but also blamed some of the reasons for the decline in macroeconomic , intensified competition and other factors.
