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Meta shuts VR studios in Reality Labs cuts
Meta is laying off about 10% of employees within its Reality Labs unit, a move expected to affect more than 1,000 people.
Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.
2don MSN
Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division
The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan ...
Users of the VR fitness service are distraught that Supernatural has had its staff cut and won’t receive any more content ...
Meta, which operates social media platforms Instagram and Facebook, is rethinking its investments after a group of its ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
The Checkpoint program collapses Meta’s sprawling review process into four performance tiers, with roughly 20% of employees ...
Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
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