Why is Meta laying off workers again?

The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...

Meta’s VR gaming push is shrinking, and you’ll feel it

Meta’s VR gaming push is shrinking, and you’ll feel it. Reality Labs layoffs and the closure of the studios behind Resident ...

Meta Reduces Reality Labs Workforce While Pivoting to AI-Powered Glasses

Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...

Meta begins job cuts as it shifts from metaverse to AI devices

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
Fox Business

Meta scales back metaverse spending following reports of cutting budget by up to 30%

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...
24/7 Wall St. on MSN

Will Meta Platforms Be the Sleeper AI Winner in 2026?

Meta Platforms (NASDAQ:META) started off 2025 strong, posting 16% revenue growth in the first quarter to $42.3 billion. By the third quarter, revenue surged 26% year-over-year to $51.2 billion, driven ...

Wikimedia Foundation announces new AI partnerships with Amazon, Meta, Microsoft, Perplexity, and others

In addition to the previously announced partnership with Google in 2022, the organization shared publicly for the first time ...