Meta spokesperson Tracy Clayton confirmed the layoffs in a statement to The Verge: “We said last month that we were shifting ...

The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn't pan ...

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

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, the ...

Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities ...

The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the ...

Meta’s cuts to Reality Labs, a 15,000-person division that focuses on building the metaverse and has a large presence in ...

Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person ...

Meta is preparing layoffs in its Reality Labs unit as it shifts spending away from some VR products toward AI wearables.