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 Plans to Cut 10% of Jobs at Company’s Reality Labs Division

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division

The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan ...

Meta Plans 10% Reality Labs Job Cuts This Week

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 sharp cut of over 1,000 Reality Labs jobs – are Facebook or Instagram affected, or is Apple and Google’s AI wearables competition responsible?

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 ...
Blockonomi

Meta Stock: Company Dumps 1,500 Metaverse Jobs After $70B Loss

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Washington Times

Second chances go virtual as new tech helps prisoners learn job skills

Dave Clark was sitting in prison serving a 40-year sentence for bank fraud in a vacation real estate scheme when he got to thinking about his fellow cons and their struggles. High illiteracy rates and ...