Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different ...
The decision effectively ends the role of Horizon Worlds as a dedicated VR social destination, where users interacted via ...
Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent round of cuts and product pullback, Meta's CTO acknowledge that the industry was ...
Meta's latest wave of job cuts follow years of the company pushing to become more efficient and going all in on AI.
Meta said its road to the metaverse ran through Seattle. Recent layoffs point to a dead end. Meta laid off hundreds of ...
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 ...
Mark Zuckerberg and Meta are scaling back their metaverse ambitions after accumulating over $80 billion in losses ...
Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...
Meta will discontinue Horizon Worlds VR on June 15, 2026, shifting focus to mobile and AI amid low VR user numbers and heavy ...
Surprise at 5 bold AR shifts in 2026. The flurry of Meta moves this month and recent reporting shows the industry scrambling under financial pressure ...