Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
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 is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
Meta has announced the discontinuation of its work-oriented metaverse, Horizon Workrooms, effective from February 16, 2026.
Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...
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