The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...
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's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Although the stock has dipped 10% over the last six months, the company's overall operational performance and financial ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
Facebook parent company Meta Platforms Inc. is reportedly moving forward with plans to cut over 1,000 jobs in the latest ...
Meta’s 2026 layoffs hit Reality Labs, closing VR studios and flooding LinkedIn with #OpenToWork posts amid strategic shifts.
Meta Platforms Inc. (NASDAQ:META) shares are on watch Thursday following news the company will lay off staff in its Reality ...
In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
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