Meta’s latest Reality Labs layoffs leave more than 1,000 workers searching for new roles as the company pivots from metaverse ...
Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
At the same time, Meta’s smart glasses have gained more attention than its VR headsets. The company’s Ray-Ban smart glasses, ...
Meta boss, Mark Zuckerberg, even changed the company’s name from Facebook to Meta and spent billions of dollars on the ...
Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, ...
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Meta pushes mixed reality glasses launch to 2027
Meta is hitting pause on its most ambitious mixed reality hardware, pushing the debut of its next-generation glasses to 2027 and signaling a more cautious approach to the race for everyday AR ...
Meta Platforms' losses on its Reality Labs division have continually risen over the years. The company has invested aggressively into the metaverse without any clear payoff. Now, the company is also ...
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