The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...
Tribune Online on MSN
Meta begins job cuts, shifts from metaverse to AI devices
Meta Platforms Inc. has started cutting jobs in its Reality Labs division as part of a strategic shift away from its ...
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Meta Platforms is set to cut about 10% of jobs in its Reality Labs division, the unit behind its virtual reality and ...
Morning Overview on MSN
Meta starts cutting jobs as it dumps metaverse dreams for AI gadgets
Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
The publication noted that Reality Labs had roughly 15,000 employees, and the job cuts could impact over 1,000 people.
Meta boss, Mark Zuckerberg, even changed the company’s name from Facebook to Meta and spent billions of dollars on the ...
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...
Meta’s VR gaming push is shrinking, and you’ll feel it. Reality Labs layoffs and the closure of the studios behind Resident ...
Meta is implementing a significant strategic shift, applying the brakes to its loss-making metaverse ambitions to refocus ...
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