The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.

Staffing cuts at Facebook's parent company, Meta, are signaling a decline in virtual reality products in favor of AI, ...

The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the ...

Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...

Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s ...

The VR dream is dead, but AR glasses may still force us to work two inches from our screens. We were never going to work in ...

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

In further bad news for Meta's Quest VR headset series, Quest for Business is being wound down. It's further evidence of ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

Meta is significantly reducing its investment in virtual reality, and a look how parents are curating the videos their ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...