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 metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

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 ...

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

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

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

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

The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...

Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...

Meta Platforms stock rose after Bloomberg reported that Chief Executive Mark Zuckerberg is exploring cutting up to 30% of the budget for the metaverse group. Shares were up 4.2% to $666.27 in Thursday ...