(Bloomberg) -- Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products ...

Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s virtual reality (VR) and augmented reality (AR) headsets as well as ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter. The ...

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work. The company behind Facebook and Instagram laid off more than 1,000 employees from its Virtual ...

Meta (META) may be pulling back even further from the metaverse it once bet its future on. Executives are discussing budget cuts of up to 30% at the company's metaverse division in 2026, according to ...

In 2021, Facebook became Meta and the company claimed its focus would be to “bring the metaverse to life.” It launched Horizon Worlds, a VR metaverse that people could explore and create worlds in. It ...