Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

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.

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Meta is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Meta has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel as part of its metaverse layoffs.

Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...