Meta has shut down Ready at Dawn, one of its biggest first-party VR studios.
Ready at Dawn Studios has been shut down after more than 20 years developing games for platforms like the PSP and the Meta Quest (formerly Oculus Rift).
The company, which had been working on the Lone Echo VR series for parent company Oculus Studios, is closing effective immediately. According to Android Central, which broke the news (former workers confirmed the shutdown on LinkedIn), the cuts were to “ensure that Reality Labs stays within the new budgetary constraints and that Oculus Studios can make a ‘better long-term impact’ in VR development.” The parent company is also encouraging laid off workers to apply to other jobs within Oculus Studios.
