Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.
As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
A big shakeup at Reality Labs.
Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback