Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...

AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

Meta ( META) is reportedly cutting at least 10% of its metaverse staff as it continues to shift resources to developing ...

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

In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...

Meta is feeling the heat. Earlier this year, The Washington Post reported that Facebook parent company Meta paid a national consulting firm to place op-eds in local newspapers across the U.S. making ...

CEO Mark Zuckerberg's massive bet on the metaverse initially seemed like a terrible idea. Only a year after he announced the company's plan to change its name from Facebook to Meta Platforms (NASDAQ: ...

Meta's recent actions have given rise to speculation that the company is moving away from the metaverse. To validate this claim, it is important to understand the dynamics behind the metaverse and ...

Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, the ...

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