Many senior executives of PICO, the Byte System Metaverse project, resigned and were transferred to new positions. The official response stated that

According to multiple sources, several core business executives of PICO, ByteDance's VR (virtual reality) business, have resigned or been reassigned recently. In the first half of this year, PICO Vice President Ren Lifeng had effectively left the company and was no longer responsible for PICO's business management, but still held a position within the company. It has been confirmed that Ren Lifeng's status in ByteDance's internal system "Feishu" is currently on "leave". According to insiders, Ren Lifeng will officially leave at the end of this year. Currently, PICO's internal business mainly consists of marketing, hardware, OS product, content culture, and social center departments, with a large number of employees being laid off or leaving voluntarily. According to internal employees, PICO had over 2,000 employees at its peak, with about two-thirds of the marketing department employees leaving and a slightly lower turnover rate in the technical department. Currently, the overall number of employees leaving is close to half of the peak period. Subsequently, PICO-related officials responded to The Paper that the company will maintain normal product operations and continue to strengthen its investment in product technology.