After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
Meta has laid off about 10% of employees in its Reality Labs division, the unit responsible for virtual and augmented reality ...
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Meta plans 10% job cuts at Reality Labs in pivot toward AI devices
Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...
Meta is retiring its standalone Horizon Workrooms app in Feb 2026 while reportedly laying off 1,500 Reality Labs staff to ...
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 planning to cut more than 1,000 jobs from its Reality Labs division as the company shifts focus from the metaverse to ...
Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...
Frustration grows as 2026 waitlists balloon. The company announced on January 6, 2026 that heavy U.S. demand and tight supply ...
Tripadvisor's valuation is skewed to the downside, offering an asymmetric risk-reward with valuation support at this current ...
Meta is implementing a significant strategic shift, applying the brakes to its loss-making metaverse ambitions to refocus ...
Staffing cuts at Facebook's parent company, Meta, are signaling a decline in virtual reality products in favor of AI, ...
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Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and ...
The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
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