I think they aren't firing people, they are laying off people. The difference is one has cause (not doing work up to standard, performance, behavior probs) the other is just giant corporation randomness of cancelling products, teams and managers being approached with "give me 15% of your team" types of requests.
They need to file legal paperwork for layoffs of this size so "quiet" isn't really a good description.
This many people is like $1.2B annually in savings if every person averages to $100k (which is conservative). They have stated they are leaning into AR/VR and their quarterly reports show other businesses are flat or shrinking. Its okay to have a business division that has a known profit margin and market share and not invest in furthering to expand it.
They need to file legal paperwork for layoffs of this size so "quiet" isn't really a good description.
This many people is like $1.2B annually in savings if every person averages to $100k (which is conservative). They have stated they are leaning into AR/VR and their quarterly reports show other businesses are flat or shrinking. Its okay to have a business division that has a known profit margin and market share and not invest in furthering to expand it.