Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...
Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.
Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...
Meta may have scrapped its Horizons Worlds platform, but new spaces are emerging where companies can gather unprecedented insights on customer behavior and intention.
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
Today, Jefferies analyst Brent Thill published a note on Meta, reiterating his "Buy" rating and a $910 price target. That ...
Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...