Tootfinder

As part of its Reality Labs cuts, Meta is closing three VR gaming studios and will stop developing new content and features for its VR fitness app Supernatural (Jay Peters/The Verge)
https://www.theverge.com/news/861420/meta-reality-la…

Meta is closing down three VR studios as part of its metaverse cuts
Meta’s Reality Labs layoffs include shutting down some of its VR studios, according to employees affected by the cuts.

KI-Update kompakt: Google Labs "Disco", KI-Regulierung, AGI, Psychotherapie
Das "KI-Update" liefert drei mal pro Woche eine Zusammenfassung der wichtigsten KI-Entwicklungen.
https:/…

Workout of the day.

Well, I guess the Armature folks have “openings” now, among others who were laid off 😢💔 https://aftermath.site/meta-ubisoft-unity-layoffs-2026/

Bad Day
Two weeks into the year, too many layoffs

Meta, the company behind Facebook, Instagram and WhatsApp that renamed itself in the Metaverse craze less than five years ago, is reducing its Metaverse activity by 10% and laying off some 1500 employees.
https://www.uploadvr.com/meta-reportedly-laying-off-over-10…

Ach ja, damals, als "das Metaverse" die Zukunft war und ich gescholten wurde, weil ich es für Bullshit hielt...
(Original title: Reality Labs: Meta streicht jede zehnte Stelle in der Metaverse-Sparte)
https://www.golem.de/news/reality-labs-…

Reality Labs: Meta streicht jede zehnte Stelle in der Metaverse-Sparte - Golem.de
Meta verschiebt Prioritäten: Während Mark Zuckerberg Milliarden in KI pumpt, muss die Reality Labs Division massiv Personal abbauen.

Sources: Amazon plans to cut as much as 15% of its HR staff, and additional layoffs will likely affect other areas of its core consumer business (Jason Del Rey/Fortune)
https://fortune.com/2025/10/14/amazon-layoffs-pxt-hr-andy-jassy/

Amazon is planning a new wave of layoffs, sources say
Amazon's 10,000-plus employee HR division, which includes recruiters, is expected to be among the hardest hit in the job cuts.

Sources: Meta plans to lay off ~10% of its 15,000-person Reality Labs division, disproportionately affecting those working on VR headsets and Horizon Worlds (New York Times)
https://www.nytimes.com/2026/01/12/technology/meta-layoffs-reality-labs.html

Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on building artificial intelligence.

Shares of Indian payment startup Pine Labs debuted at ~$2.73, up 9.5% from the ~$2.49 IPO price, after a $440M IPO earlier this week that was 2x oversubscribed (Soumyajit Saha/Nikkei Asia)
https://asia.nikkei.com/business/marke…

Indian fintech Pine Labs rises in trading debut after $440m offering
Payments company had earlier slashed IPO over valuation concerns

Polygon buys crypto startups Coinme and Sequence for a total of $250M , as it seeks to bolster its stablecoin and fintech infrastructure and compete with Stripe (Ben Weiss/Fortune)
https://fortune.com/2026/01/13/polygon-labs-acquisition-coinme-seq…

Polygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe
The longtime blockchain developer bought cash-to-crypto company Coinme and wallet infrastructure firm Sequence.