Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Rimi Ishihara Happiness, Brother Black fly's left hand clue delivery! Update: PICO gave the same response as a few days ago: "the news is not true, PICO is in normal operation, and the company will invest in XR business for a long time."

CTOnews.com October 24 news, recently there is news that "VR giant PICO will be gradually shut down, byte jump to abandon the meta-universe", but the person in charge of byte jump responded to the rumor: this news is not true, PICO is in normal operation, the company will invest in XR (expand reality) business for a long time.

However, CTOnews.com noted that today there is news that byte jump is reconsidering the strategic positioning of byte jump VR (virtual reality) business PICO. According to thepaper.cn, it has been learned from a number of people familiar with the matter that a number of PICO core business leaders have left and transferred their posts one after another. in the first half of this year, Ren Lifeng, vice president of PICO, has actually left his job and has not been responsible for the business management of PICO for a long time, but is still in charge of the company. At present, Ren Lifeng is in the status of "asking for leave" in the byte beat internal system "Fei Shu". According to people familiar with the matter, Ren Lifeng will officially leave office at the end of this year.

The report also said that at present, PICO's internal business is mainly divided into marketing department, hardware department, OS product department, content culture department and social center, in which a large number of employees have been laid off or left voluntarily. The worst-hit area to leave this time is the content culture department of PICO, and the general head of the content culture department is Ren Lifeng. In addition, social centers have lost a large number of employees.

It is reported that the number of employees at the peak of PICO was more than 2000, of which the turnover rate of employees in the marketing department was about 2%, while the turnover rate in the technical department was slightly lower. At present, the overall number of employees leaving is nearly half of that in the peak period.

According to people familiar with the matter, Zhou Hongwei, president of PICO, recently went to Singapore to report on developments related to PICO with the founder of byte beat. "Senior management's interest in PICO does not seem to be as great as in the previous two years, so it is expected that the future development direction of PICO will be adjusted."

In response, the relevant person in charge of PICO responded that the company will maintain the normal operation of its products and continue to strengthen its investment in product technology.

Since the formal announcement of the acquisition of PICO in September 2021, the size of the PICO team has expanded rapidly, from 200 to about 2000. However, PICO has experienced several rounds of layoffs so far this year, with layoffs reaching 20 per cent in February.

It is worth mentioning that the report also said that Tencent plans to agent Meta's VR head show Oculus Quest news is true, but the specific time has not been disclosed.

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