Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 ...

Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

The cuts represent roughly 10% of the division's workforce and signal Meta's accelerating pivot away from its metaverse ...

Meta cut 1,000 jobs this week. The cuts show a key CHRO challenge: executing layoffs for investments that haven't delivered.

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...

The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...

It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.

Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...

Earlier this month, Siemens expanded its AI partnership with NVIDIA, launched its Digital Twin Composer industrial metaverse ...