Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person ...
The makers of some of the best Meta Quest games, including Asgard's Wrath 2, have been shut down amid major budget cuts to ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
Shock rippled after 10% cuts hit Reality Labs this week, signaling a major reset for Meta’s AR bets. The New York Times and ...
Meta Platforms is downgraded from 'cautious buy' to 'solid hold' due to valuation concerns and growth uncertainties. META's bull case rests on robust user growth, rising ad revenue per user, ...
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