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 ...

Meta lays off metaverse employees 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 is closing its VR workplace app amid Reality Labs layoffs

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company continues to shift toward AI.
GamesIndustry.biz

Meta reportedly set to cut 10% of staff in Reality Labs metaverse arm

Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
MediaPost

Meta Plans Reality Labs Job Cuts, Pivots Further Away From Metaverse Focus

Meta plans to cut around 10% of employees within the division who are working specifically on metaverse-focused products, including virtual-reality headsets and the company's Horizon Worlds social ...

Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

Meta to lay off hundreds in Reality Labs amid shift from metaverse to AI

The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...