Byte Jump PICO Insider: recent optimization, "big layoffs" is not true

CTOnews.com February 16 news, recently there is news that byte jump's PICO business line is undergoing a wave of large-scale layoffs. However, according to thepaper.cn, PICO insiders said on February 16 that although PICO did carry out a round of organizational optimization, the overall layoff rate was not high, so the claim of "large-scale layoffs" was not true.

The person further said that the layoff is only for some business adjustments, is a normal organizational structure adjustment, and will not affect the operation of the business.

CTOnews.com learned that Meta's virtual reality headsets accounted for 90 per cent of the market about a year ago, but had fallen to about 75 per cent in the third quarter of 2020, according to IDC, a market research company. Over the same period, Pico's market share more than tripled to about 15 per cent. Apart from these two companies, no other virtual reality headset manufacturer has a market share of more than 3%.