Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

A big shakeup at Reality Labs.

The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the ...

More than 330 employees are expected to be laid off by March 20 in Washington state, according to a 60-day notice.

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company's VR and metaverse ...

Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities ...