When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...

The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan ...

The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...

MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...

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

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

Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...

That rivalry never materialised, and the metaverse hasn’t taken off in the way that chief executive officer Mark Zuckerberg ...

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

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

eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...