Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...
Meta has cut up to 1,500 Reality Labs employees and closed three VR studios, triggering 'VR winter' fears as the company ...
Meta will cut 10% of employees in its Reality Labs division.
Ahead of an upcoming technical conference, researchers from Meta’s Reality Labs Research group published details on their work toward creating ultra-wide field-of-view VR & MR headsets that use novel ...
Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
Explore Meta’s Q4 2025 earnings forecast, highlighting strong ad performance, rising AI costs, and the challenges faced by ...
Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...
Meta Platforms (NASDAQ: META) is undoubtedly one of the world’s most important technology companies. Due to its position as one of the Magnificent Seven stocks, it is constantly under a microscope.