Meta lays off 1,500 people in metaverse division

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

Meta Could Reportedly Lay Off 10% Of Its Reality Labs Division Workforce

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.
Stocktwits on MSN

Meta reportedly cuts 1500 people in Reality Labs division

Meta Platforms Inc. (META) has reportedly laid off about 10% of its staff, or 1,500 people, from the Reality Labs division.
IGN India

Meta Reality Labs Division Faces Layoffs, Resulting in Closure of Sanzaru Games, Twisted Pixel, and More

Meta, however, is not the only company announcing job cuts. Ubisoft has also confirmed layoffs at its The Division studio and ...
Road to VR

Meta Reportedly Closes Three First-party Studios Behind Some of Its Biggest VR Games

Against the backdrop of a broader shuffling of its Reality Labs division, Meta is reportedly closing Armature Studio, Twisted ...
Fast Company

Meta stock rises on report that Zuckerberg will cut up to 30% of metaverse division

Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...
Business Insider

Meta's Alexandr Wang on why the AI team just laid off 600 workers

Meta is laying off 600 employees in its Meta Superintelligence Labs division. Meta's chief AI officer, Alexandr Wang, addressed the cuts in an internal memo. Wang said the cuts would help the company ...