More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work. The company behind Facebook and Instagram laid off more than 1,000 employees from its Virtual ...
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
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 ...
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...
Meta is slated to layoff around 10 percent of staff at its Reality Labs XR division, a New York Times report maintains, as the company appears to be shifting focus to AI and smart glasses. According ...
Meta CTO Andrew Bosworth said that cuts to the company's VR efforts were "a real loss." Bosworth said Meta was still "bullish" on VR, but that the company's investment had to "match the size of growth ...
With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...
Meta is shifting Horizon Worlds from a VR-first platform to a mobile-only destination. The company remains committed to releasing VR hardware, but is shying away from first-party software. Meta plans ...
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Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices such as smart glasses. Meta’s decision to deprioritize virtual reality in ...