Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

The cuts are part of broader reductions inside Reality Labs, the company's virtual- and augmented-reality division, as Meta ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively ...

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

Meta is shifting gears as a bold business venture faces significant challenges.

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

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