Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.
Meta has announced 30% budget cuts to its metaverse plans for 2026, expecting to reduce operating costs with regard to the ...
After Meta layoffs, Brittney Ball, a single mom battles job loss, rebuilds her tech career, and launches AI startup TechniDox ...
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.
Meta Platforms is reportedly planning to cut its metaverse budget by 30% next year, potentially leading to layoffs within the ...
While Facebook rebranded as Meta to focus on the metaverse, the technology has not achieved the widespread adoption that the ...
In a move that sent shockwaves through Silicon Valley, Meta abruptly laid off 600 employees from its artificial intelligence division on October 22, 2025. The announcement, delivered by Chief AI ...
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...
In November 2022, Meta said it was laying off 11,000 employees, or 13% of its workforce, a move that helped kick off a ...