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

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...

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

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

Meta stock has lost ground as investors raise concern over capital expenditures and risky AI strategies.

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

Meta is laying off 331 workers in the Puget Sound region as part of broader cuts to its virtual reality division. The ...

Meta has scaled back its long-running push into virtual reality, laying off roughly 1,500 employees from its Reality Labs ...

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

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...