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

CTOnews.com November 9 news, recently, the PICO organization adjustment caused public concern, there are rumors that PICO "lay off 80%."

According to the Kechuangban Daily, PICO responded that PICO adjusted its organizational structure to better focus on long-term exploration and breakthroughs in hardware and core technologies, and to create long-term value with greater determination. Accordingly, short-term investment and related team size will be reduced, involving more than 300 employees, accounting for about 23% of the total.

PICO stressed that the organizational restructuring will not affect consumers to buy and experience PICO products, the company will strengthen investment in product research and development and core technology capacity-building.

In addition, according to thepaper.cn, PICO issued an internal notice that plans to adjust the organizational structure, and the mobile OS team will merge the byte jump product development and engineering architecture into the middle platform to strengthen the investment and unified management of OS core technology research and development.

As previously reported by CTOnews.com, PICO was founded in March 2015 and incorporated into byte jumps in September 2021. Earlier this year, the media EqualOcean published an article claiming that "VR giant PICO will be gradually shut down and byte jumps to give up meta-universe." the article quoted "relevant people" as saying that the head of PICO recently went to Singapore to report to Zhang Yiming, and got feedback that byte jump will gradually give up PICO business, saying that the reason is that "PICO is good at non-byte jump in the hardware field." Over the past few years, the results have fallen short of expectations and there is no hope for the future.

The person in charge of the byte jump responded to the rumors of "gradually abandoning the PICO business": the news is not true, PICO is in normal operation, and the company will invest in XR (expanding reality) business for a long time.

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