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

Meta cut 1,000 jobs this week. The cuts show a key CHRO challenge: executing layoffs for investments that haven't delivered.

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...

The cuts represent roughly 10% of the division's workforce and signal Meta's accelerating pivot away from its metaverse ...

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...

The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...

The future of Meta's virtual reality ambitions now rests largely with consumers. The immersive virtual worlds that prompted ...

It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.

Earlier this month, Siemens expanded its AI partnership with NVIDIA, launched its Digital Twin Composer industrial metaverse ...