Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Meta is shifting gears as a bold business venture faces significant challenges.

Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively ...

A big shakeup at Reality Labs.

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.

Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.

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

Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...