Meta plans to cut up to 10% of its metaverse division staff this week, shifting its strategic focus and budget toward AI and ...

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

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...

The metaverse has dominated conversations in technology and education in recent years, yet many people still struggle to ...

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

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

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

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

That’s because it wasn’t just Reality Labs employees that got cut loose in Meta’s most recent layoff round; it was also some ...

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

The jobcuts will impact about 10% of Meta’s hardware division, including teams working on Quest VR headsets and the Horizon ...

Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...