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's AI overhaul, culture shifts, layoffs, and performance crackdowns have sparked internal clashes, employee exits, and ...

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

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

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

Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.

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

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 ...

SEATTLE - Dozens of employees will be laid off in the greater Seattle area as Facebook's parent company Meta reorganizes their artificial intelligence operations. The layoffs come just days before the ...

MENLO PARK, Calif. -- Facebook-parent Meta plans to lay off another 10,000 workers, marking the second round of significant job cuts announced by the tech giant in four months. The latest layoffs, ...