Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...

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

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 ...

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

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...

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

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 ...

AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...

Meta is reportedly planning to cut about 10% or more jobs in its Reality Labs division to focus more on next-generation AI ...

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...