Meta Platforms Inc. is reportedly planning to cut about 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the VR industry. "The market has spoken," said Jitesh Ubrani, an analyst for ...
Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...
A large division within Meta Reality Labs is undergoing an overhaul to become fully "AI-native." The unit is now organized into "pods" made up of "AI builders" and "AI pod leads." This new push and ...
The market for Meta Platforms hitting $740 during the week of April 27, 2026, is currently priced at 0.1% for a YES outcome, down from 2% in the past 24 hours. This reflects a sharp decline in ...
Meta began cutting hundreds of jobs on Wednesday across Reality Labs, Facebook, recruiting, sales, and global operations, according to people familiar with the matter and LinkedIn posts from affected ...
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