Meta's chief technology officer reportedly told employees it's not making a second Quest Pro headset.
The $1,499 Quest Pro headset has received poor reviews and sales, and was costly for Meta to make.
The company's Reality Labs division saw a $13.7 billion loss in 2022, according to its fourth-quarter financial results.
However, Meta's Quest 2, which is more affordable than the Quest Pro, has done "quite well," according to CEO Mark Zuckerberg.
The Quest Pro is getting a $500 chop, while the 256 GB Quest 2, which is originally $499.99, is being cut to $429.99.