Meta CTO Andrew Bosworth said that cuts to the company's VR effort were "a real loss," but that Meta's investment had to match segment growth.
Shock spread as 10% of Reality Labs staff faced cuts in 2026 after reports surfaced this week. The move matters now because Reality Labs has ...
Outrage over 10% January 2026 Reality Labs cuts spread through Meta’s AR teams this week. The move, reported by Reuters and ...
This past week, a frenzy of news posts and analyst critiques focused on Meta's "deep cuts" across its Metaverse division. This new division of Reality Labs, launched just one month ago, was created to ...
Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's layoffs to the metaverse division earlier this year. The CEO said he expects ...
Reality Labs' $6.02 billion operating loss was even worse than the $5.67 billion analysts had been expecting. The segment managed to record $955 million in sales, ...
Meta is slated to layoff around 10 percent of staff at its Reality Labs XR division, a New York Times report maintains, as the company appears to be shifting focus to AI and smart glasses. According ...
Meta lost $77 billion in XR. Does that mean XR is dead, or are all the benefits accruing to robotics? And ... maybe ... smart glasses?
AI infrastructure will provides Meta with a "strategic advantage," Zuckerberg said. He once said almost the exact same thing about the metaverse. Reading time 2 minutes According to an ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse. By Mike Isaac Reporting from San Francisco. Meta is ...
Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...