Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
The Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...
Meta is preparing layoffs in its Reality Labs unit as it shifts spending away from some VR products toward AI wearables.
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 ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
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