The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...
According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...