- Ready at Dawn Studios, part of Oculus Studios, is closing permanently, effective immediately.
- The studio produced some of the highest-rated VR games ever, including Lone Echo, Lone Echo 2, and Echo VR, as well as some PSP classics like God of War and Daxter.
- Meta says that Ready at Dawn employees are encouraged to apply to other studios within the Oculus Studios umbrella.
- The reduction was made to meet the new Reality Labs budgetary ceiling rather than as a proactive cost-saving initiative.
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