The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta is shifting gears as a bold business venture faces significant challenges.
Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...
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Meta winds down metaverse business with VR studio closures, job cuts
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta begins layoffs in its VR division as itmoves away from metaverse projects toward AI focused devices and wearable ...
Stanford psychologist Jeremy Bailenson, who studies how immersive environments reshape perception, has shown that extended ...
Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, the ...
After Meta's clear-out, a new chapter begins for the VR industry. What happened, why, and what's next for Meta's VR division?
Meta confirms Horizon Workrooms will shut down in February 2026 as the company shifts focus away from metaverse workplace VR.
Meta is reducing its virtual reality workforce and closing studios. This move comes as VR headset sales have not met expectations. The company is reallocating resources from VR projects to focus on ...
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