After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

The cuts affect multiple locations as the company shifts investment from metaverse projects to wearables. Meta still grew ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Facebook parent Meta has announced that it will cut 102 more jobs at its San Francisco Peninsula offices. The latest round of ...

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

There's only one life-giving product from Meta. Zuck just killed it.

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...