Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its ...
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 is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...
3don MSNOpinion
What was the metaverse?
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
Meta CEO Mark Zuckerberg introducing the company's new neural wrist band - Credit: David Paul Morris/Bloomberg via . Mass ...
Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
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