Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
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 ...
Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...
Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
The cuts represent roughly 10% of the division's workforce and signal Meta's accelerating pivot away from its metaverse ...
Cryptopolitan on MSN
Meta to cut 10% of Reality Labs jobs as it shifts focus from VR to AI wearables
Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...
Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...
Meta has appointed former Trump adviser Dina Powell McCormick its new president and vice chairman as the social media titan ...
AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing ...
It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.
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