The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its ...

Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...

Meta is preparing to lay off hundreds of employees in its metaverse unit this week, affecting roughly 10% of the Reality Labs ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

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

The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...

Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...

Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...

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

This week was a whirlwind of tech and media news, with major developments from Meta Platforms, Netflix Inc., and Amazon.com. From Meta’s potential metaverse budget cuts to Netflix’s massive ...