Pico Is Laying Off A Significant Portion Of Its Workforce
Pico Is Laying Off A Significant Portion Of Its Workforce

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Pico Is Laying Off A Significant Portion Of Its Workforce

TL;DR: ByteDance-owned Pico is undergoing significant layoffs, with conflicting reports on the number of affected employees. The company aims to restructure its focus towards hardware and core technologies, while also dealing with challenges in the VR market. (via ChatGPT)