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

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

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

Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...

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

The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...

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

Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.

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 ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...