The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...

The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

The metaverse isn't exactly a hit right now. Mark Zuckerberg has to realize that too. Layoffs are coming soon.

Overview: Leading VR companies are advancing spatial computing, AI integration, and immersive experiences across gaming, ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Riyadh, Saudi Arabia – Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority, has led a SAR 2 ...

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

Meta begins layoffs in its VR division as itmoves away from metaverse projects toward AI focused devices and wearable ...

The 300mm silicon carbide wafer targets higher production capacity for power electronics and advanced system integration.

The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out.

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