The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
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 metaverse isn't exactly a hit right now. Mark Zuckerberg has to realize that too. Layoffs are coming soon.
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
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.
Meta Platforms is scheduled to report its fourth-quarter earnings soon, and analysts are projecting a single-digit increase ...
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...
Meta is trimming its metaverse workforce while pouring billions into AI infrastructure, signalling a major shift in the ...
LAS VEGAS (AP) — CES 2026 offered a glimpse of a future that feels straight out of a sci-fi movie: bendable screens, ...
Within a matter of minutes, the headsets can transport them to Europe, immerse them in the ocean depths or send them soaring ...
As we settle into 2026, the conversation around Virtual Reality has fundamentally shifted. We are no longer just talking ...