Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.
According to people familiar with the talks, Meta and manufacturing partner EssilorLuxottica are discussing doubling ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...
Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
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Meta winds down metaverse business with VR studio closures, job cuts
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...
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