Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...

Meta will discontinue the metaverse for work on February 16th. This comes after it laid off around 10% of its entire Reality ...

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...

Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...

The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

According to McKinsey & Company, the metaverse is the emerging 3-D-enabled digital space that uses virtual reality, augmented reality, and other advanced internet and semiconductor technology to allow ...

The planned reductions will disproportionately impact teams working on VR headsets and the company's VR-based social network ...