Meta's Chief Technology Officer and head of Reality Labs, Andrew Bosworth, has called an all-hands meeting for January 14, describing it as the "most important" of the year. Bosworth is also strongly ...

In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales.

This past week, a frenzy of news posts and analyst critiques focused on Meta's "deep cuts" across its Metaverse division. This new division of Reality Labs, launched just one month ago, was created to ...

Meta's latest wave of job cuts follow years of the company pushing to become more efficient and going all in on AI.

Facebook parent company Meta has once again posted disappointing results for its metaverse-focused Reality Labs division, with little in the way of revenue compared to the mounting operational losses ...

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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 ...

See more of our coverage in your search results. Add The New York Post on Google Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person ...

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

Meta's efforts to create the digital worlds known as the metaverse continue to be costly. The social media giant reported fourth-quarter earnings on Wednesday and said that the Reality Labs unit ...