Reports of the lay-offs hitting Camouflaj come shortly after Meta shut down three of its other VR game development studios.
The studio closures comes as part of Meta's plans to shift more of its investments from VR gaming to the wearable tech sector.
The trailer gives us a look at the kinds of tools that players will have access to as they take on the role of Magpie in the VR-only title.
A new video featuring voice actor Stephen Russell gives us a quick idea of the actor's history with the character leading up to Thief VR.
As Magpie, a thief raised on the streets, players undertake various heists, sneaking through shadows and uncovering a mysterious artifact.
Camouflaj and Oculus Studios' acclaimed actin-adventure prequel was released for Meta Quest 3 and Meta Quest 3S last October.
The title will have the full experience that the franchise is famous for, along with on-foot activities like a greenhouse.
Camouflaj's VR title sees the Dark Knight taking on the Rat King and will be available for Meta Quest 3 and 3S.
