Meta Platforms Dissolves Team Developing New AR and VR Operating System

Meta Platforms has broken up a group of more than 300 employees working on operating systems for its virtual and augmented reality devices, according to three people with knowledge of the situation.

In the process, the company dispersed the team that had been working on a new OS from scratch, code-named  XROS, to power the company’s VR headsets and upcoming AR glasses. The reorganization marks another nail in the coffin for the four-year project after Meta halted its development late last year. The move also suggests Meta is trying to limit some costs and move faster as it charts a risky and expensive course toward a digital future it calls the metaverse while its Facebook-based advertising business struggles.