Meta spokesperson Tracy Clayton confirmed the layoffs in a statement to The Verge: “We said last month that we were shifting ...
The cuts represent roughly 10% of the division's workforce and signal Meta's accelerating pivot away from its metaverse ...
Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...
Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
The Checkpoint program collapses Meta’s sprawling review process into four performance tiers, with roughly 20% of employees ...
Meta is preparing layoffs in its Reality Labs unit as it shifts spending away from some VR products toward AI wearables.
Meta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect ...
Facebook parent company Meta has begun restructuring of its Reality Labs division, initiating job cuts that are expected to ...
Since 2020, Reality Labs has spent around $60 billion trying to turn Meta's vision of a digital world into a profitable ...
Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...
Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...
With the unit employing about 15,000 people, the reduction would translate into more than 1,500 job cuts, making it one of ...