Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...
While the metaverse is often seen as a joke in 2025 because of low user counts and poor financial performance (take Meta's Reality Labs division and its continued losses, estimated by Statista at $70 ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Alex Howland There’s been ...
Zuckerberg said the plan is to add AI image and video tools in Facebook and Instagram and use AI ‘agents’ as talking NPC avatars in metaverse apps. Reading time 3 minutes Meta’s latest quarterly ...
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