Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
The parent company of Facebook, Meta, has announced that it will discontinue the metaverse for work, too. The Horizon ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta has laid off nearly 1,500 employees from its Reality Labs division as it pivots away from metaverse investments and ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.
Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
Meta has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel as part of its metaverse layoffs.
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