Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

Meta's Reality Labs division, long the epicenter of its metaverse ambitions, has now claimed over $73 billion in losses since ...

Meta is dialing back its virtual world and betting big on something you can actually wear on your face. The company is ...

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work. The company behind ...

The division currently employs around 15,000 people, and about 10% are set to lose their jobs this week, sources tell The New ...

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions.

Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...

The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.

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