Meta makes drastic workforce decision after $73 billion in losses

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

Meta Lays Off 1,500 People in Metaverse Division

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division

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 ...

Meta lays off more than 1,000 employees from metaverse division

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

Meta Reportedly Cutting About 1,500 VR and AR Jobs Amid Renewed Push to Become an AI Juggernaut

AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing ...

Meta Quest VR Gaming Future In Doubt As Meta Closes Studios

The makers of some of the best Meta Quest games, including Asgard's Wrath 2, have been shut down amid major budget cuts to ...

Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss

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