Meta makes drastic workforce decision after $73 billion in losses

The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Outrun Gaming on MSN

Meta closes Reality Labs, lays off over 1,000 employees

Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s virtual […] This post, "Meta closes Reality Labs, lays off over 1,000 ...

Meta Lays Off 1,500 People in Metaverse Division

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
Analytics Insight

Meta slashes Reality Labs, shuts VR game studios amid pivot

Meta has laid off about 10% of employees in its Reality Labs division, the unit responsible for virtual and augmented reality ...

Report: Meta plans to cut around 10% of Reality Labs workforce

The division — which employs roughly 15,000 people — has a strong presence in the Seattle area and is responsible for the ...
Analytics Insight

Could Virtual Reality Transform Education in Indian Schools?

Overview: VR labs have expanded to about 2,500 Indian schools, including government institutions in smaller cities.NCERT’s XR ...

Meta began 2026 with a sharp cut of over 1,000 Reality Labs jobs – are Facebook or Instagram affected, or is Apple and Google’s AI wearables competition responsible?

Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...

Meta lays off 10pct of Reality Labs staff, shuts down multiple VR game studios

Meta is laying off about 10 percent of the staff in its Reality Labs division and also shutting down several of its virtual ...

VR gaming is dying, thanks to Meta’s game studio cull – and only the Steam Frame can now save it

Meta is turning its back on VR gaming. That’s the feeling many, myself included, are feeling after the reports that Meta has ...
GlobalData on MSN

Wolfspeed produces single crystal 300mm silicon carbide wafer

The 300mm silicon carbide wafer targets higher production capacity for power electronics and advanced system integration.

Smart Glasses Are About to Have a Big Year

Smart glasses could break big in 2026. From CES reveals to Apple, Google, and Meta’s plans, here’s what to expect from the ...
The Manila Times on MSN

Meta mulls doubling output of Ray-Ban glasses by year end

META and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence (AI)-powered smart glasses to 20 million units annually by the end of this year, Bloomberg ...