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 ...

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 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 will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

Meta CTO Andrew Bosworth calls key all-hands meeting at Reality Labs as the division faces budget cuts, strategic shifts to ...

The Checkpoint program collapses Meta’s sprawling review process into four performance tiers, with roughly 20% of employees ...