Mashable
Meta lays off more than 1,000 employees from metaverse division
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work. The company behind Facebook and Instagram laid off more than 1,000 employees from its Virtual ...
Hosted on MSN
Bad news for employees as Meta lays off 1,500 workers in major reality labs restructuring
Facebook owner Meta Platforms Inc. plans to lay off another batch of workers from its Reality Labs business. The drastic cuts follow Meta CEO Mark Zuckerberg's announcement last year that he will pull ...
IGN
Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as ...
Morningstar
Dow Jones Top Company Headlines at 3 PM ET: Meta Lays Off 1,500 People in Metaverse Division | Banks ...
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products. Banks Say U.S. Consumers Remain Resilient Despite Economic Pressures Executives warned that Trump's ...
After laying off 1500 people, losing $88 billion; Meta CFO Susan Li tells analyst where the Reality Labs division will focus on
Meta's Reality Labs division is shifting focus from VR to wearables, despite continued development of future VR headsets. The company confirmed a significant reduction in VR investment this year, ...
AOL
Hundreds set to be laid off from Meta's Reality Labs division
As Meta continues to shift its business model away from developing the metaverse and toward building an artificial intelligence platform, the company confirmed plans to lay off hundreds of employees ...