The cuts affect multiple locations as the company shifts investment from metaverse projects to wearables. Meta still grew ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

Magnificent Seven stocks are supposed to be the market’s premier performers, particularly in the realm of technology and innovation. If that’s the case, then how will Meta Platforms (NASDAQ:META) ...

Meta is planning another round of Bay Area layoffs, with more than 100 permanent job cuts scheduled for March, according to ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...