Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

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

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Meta may have scrapped its Horizons Worlds platform, but new spaces are emerging where companies can gather unprecedented insights on customer behavior and intention.

Meta announced it’s discontinuing Horizon Workrooms next month, its productivity-focused VR platform, marking another step in ...

The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.

A big shakeup at Reality Labs.

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...