Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...

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Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...

Reality Labs houses the company’s hardware and other futuristic product efforts Read more at The Business Times.

Meta is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...

The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

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In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...

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