Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...
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 said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...
The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the company's virtual and augmented reality technology.
The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...
Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person ...
Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.