After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...
The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...
Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...
Meta executive Dilmer Valecillos assures the public that the tech giant is not abandoning virtual reality, despite recent ...
Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
After Meta's clear-out, a new chapter begins for the VR industry. What happened, why, and what's next for Meta's VR division?
Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.