The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
That went well Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark ...
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 ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end. Meta, which rebranded itself around a ...
Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
Meta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
The metaverse isn't exactly a hit right now. Mark Zuckerberg has to realize that too. Layoffs are coming soon.