The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...
Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...
The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the ...
Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities ...
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.
Facebook parent company Meta Platforms Inc. is reportedly moving forward with plans to cut over 1,000 jobs in the latest ...
The jobcuts will impact about 10% of Meta’s hardware division, including teams working on Quest VR headsets and the Horizon ...
Meta plans to cut around 10% of employees within the division who are working specifically on metaverse-focused products, including virtual-reality headsets and the company's Horizon Worlds social ...
The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...
But Meta’s own cost-cutting efforts don’t support that, with the company informing staff that it’s cutting another 10% of employees from its Reality Labs division, the depar ...
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