Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
Morning Overview on MSN
Meta fires metaverse staff after burning through $73B
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...
Olorama brings smell to the metaverse, creating multisensory VR experiences with 200+ scents for immersive, emotional, and memorable digital worlds. VALENCIA ...
Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.
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