High Fidelity had previously angled itself as a company building an open-source virtual world for VR, but grievances with the current generation of VR and the slow road to mass VR headset adoption caused the company to reconsider its plans.
The studio also notes that it is “giving those affected time and support to find new positions in the New Year.”
High Fidelity, the once VR-focused studio from Second Life creator Philip Rosedale is laying off a significant portion of the team as it moves away from development of its open-source, blockchain-based VR platform of the same name.
A blog post from the company says that the layoffs affect half of the developers employed at the studio, including “developers, designers, program managers, marketers, and support professionals,” though specific numbers aren’t mentioned.