Meta Shuts Down Deadpool VR Studio Twisted Pixel and Asgard's Wrath Studio Sanzaru Games Amidst 10% Cut to Reality Labs Division

Meta has shut down two VR studios, Twisted Pixel Games, known for titles like Deadpool VR, and Sanzaru Games, developer of Asgard's Wrath, as part of a 10% cut to its Reality Labs division. Both studios, founded in 2006, are laying off their entire teams, marking an unfortunate turn in the video game industry's ongoing struggle with layoffs.