Meta Reorganizes Research Department Amid Scrutiny Over Findings

Bloomberg2021-12-08

(Bloomberg) -- Meta Platforms Inc. is restructuring its internal research department, bringing dozens of employees previously working on product specific teams or business units, like WhatsApp or ...

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Bubble5728
2021-12-08
Bubble5728
[Cool]
- sylarspock:
  Yeah

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No firings or job losses are expected as a result of the reorganization, the company said.\nMeta’s reorganization is the company’s first major shake-up to its research team since a consortium of media organizations published a series of damaging reports based on internal documents disclosed by Frances Haugen, a former Facebook product manager turned whistle-blower. Meta’s top executives have sought to defend the company against accusations that it downplays negative internal research about its business practices while also refocusing its business on new innovations in virtual and augmented reality.\nIn October, Facebook renamed itself to signal its intention to stake its future on the metaverse -- a term used to describe immersive digital environments accessed through virtual- and augmented-reality tools. Days prior, the company also announced it would begin in the last quarter of the year to break out financial results for Facebook Reality Labs, which includes the Oculus hardware division. 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