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

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

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

The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...

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

According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

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 ...

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

Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...

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