Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

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

Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...

Meta may have scrapped its Horizons Worlds platform, but new spaces are emerging where companies can gather unprecedented insights on customer behavior and intention.

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...

A big shakeup at Reality Labs.

The cuts come just over four years after Facebook changed its name to Meta and went big on virtual reality and the Metaverse.

So I was recently hanging out on a packed floor at a video game conference here in Los Angeles, when I entered this totally alternate reality. I'm surrounded by blackness but also huge company logos ...

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...