Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...
According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...
Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...
Meta has restructured Reality Labs, closing three of its VR game studios, and will shift focus to its Wearables division.
Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...
Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...