Amaze Lab on MSN
Meta’s VR bet implodes after $70B loss, costing 1,500 jobs
Meta Platforms cut 1,500 jobs from its Reality Labs division on January 14, 2026, capping a four-year drive that burned ...
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions.
The company is cutting more than 1,000 jobs from its Reality Labs division where employees work on its virtual reality and ...
Despite strong reviews and awards, Meta is ending new content for its Supernatural VR fitness app, as it cuts Reality Labs ...
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
Airbnb Inc. has hired a former Meta Platforms Inc. executive as its new chief technology officer, as the short-term rental ...
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable ...
Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media ...
Meta’s stock slid in after-hours trading on Wednesday after the tech giant posted strong third-quarter results but warned that its expenses will be significantly higher in 2026 than this year. Like ...
Meta, the parent company of Facebook and Instagram, announced Monday it has tapped former Trump adviser Dina Powell McCormick ...
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