Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...

Meta is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

The division currently employs around 15,000 people, and about 10% are set to lose their jobs this week, sources tell The New ...

Meta has announced the discontinuation of its work-oriented metaverse, Horizon Workrooms, effective from February 16, 2026.

According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...

Meta confirms Horizon Workrooms will shut down in February 2026 as the company shifts focus away from metaverse workplace VR.

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...

Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...