Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different ...

Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent round of cuts and product pullback, Meta's CTO acknowledge that the industry was ...

In Brief: Meta Revises Metaverse Plans: Horizon Worlds will transition from a VR-focused platform to a mobile application, and will be removed from the Quest store. Yuga Labs' Emerging Ecosystem: ...

This past week, a frenzy of news posts and analyst critiques focused on Meta's "deep cuts" across its Metaverse division. This new division of Reality Labs, launched just one month ago, was created to ...

Meta's Chief Technology Officer and head of Reality Labs, Andrew Bosworth, has called an all-hands meeting for January 14, describing it as the "most important" of the year. Bosworth is also strongly ...

Meta’s flailing virtual reality social experience is being discontinued in June. It's part of Meta’s broader moves to slim ...

Facebook parent company Meta has released its latest earnings report, and while the company made many billions of dollars in profit, not every business unit at the technology giant is profitable. The ...

Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...

Meta will remove Horizon Worlds from Quest VR headsets by March 31 and shut down the VR metaverse entirely on June 15, ...

Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person workforce — as early as this week as the company pivots hard toward artificial ...

Meta cut hundreds of jobs across Reality Labs, Facebook, recruiting, and sales on Wednesday, the latest in a rolling series ...