That rivalry never materialised, and the metaverse hasn’t taken off in the way that chief executive officer Mark Zuckerberg ...
Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...
With this, the Facebook-owner is stepping scaling down its efforts on Virtual Reality (VR) and "metaverse-first" vision which ...
Meta has laid off about 10% of employees in its Reality Labs division, the unit responsible for virtual and augmented reality ...
Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions.
Meta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban smart glasses.
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
“Welp. As many will hear soon, several Meta game studios were closed today, including Sanzaru. It was an amazing team of powerhouse talent, and I’m really glad to have gotten to know everyone there,” ...
The Checkpoint program collapses Meta’s sprawling review process into four performance tiers, with roughly 20% of employees ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.