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Andrew Bosworth told Reality Labs staff that Meta plans to cut or delay some projects and details will come within a week; Meta says there won't be layoffs (Katie Paul/Reuters)

Katie Paul / Reuters:
Andrew Bosworth told Reality Labs staff that Meta plans to cut or delay some projects and details will come within a week; Meta says there won’t be layoffs — Facebook-owner Meta Platforms Inc (FB.O) is preparing cutbacks in its Reality Labs division, a strategic unit at the center …