Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Meta has announced 30% budget cuts to its metaverse plans for 2026, expecting to reduce operating costs with regard to the ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

After Meta layoffs, Brittney Ball, a single mom battles job loss, rebuilds her tech career, and launches AI startup TechniDox ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...

In November 2022, Meta said it was laying off 11,000 employees, or 13% of its workforce, a move that helped kick off a ...

While Facebook rebranded as Meta to focus on the metaverse, the technology has not achieved the widespread adoption that the ...

Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group ...

Meta Platforms is reportedly planning to cut its metaverse budget by 30% next year, potentially leading to layoffs within the ...

A key player in the alleged conflict is Alexandr Wang, the 28-year-old founder of Scale AI who joined Meta after it paid $15 ...

The memo, said to be issued by Metaverse leaders Gabriel Aul and Ryan Cairns, outlined plans to adjust pricing and extend the ...