Meta's Reality Labs faced layoffs and $4.2 billion in losses, raising questions about the future of its metaverse ambitions ...

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion ...

Meta lays off Reality Labs staff, impacting Oculus Studios and VR fitness app Supernatural, while pursuing new hires and ...

The numbers for Facebook Reality Labs, as well as the rest of Meta's quarterly earnings, were revealed through the Meta Q1 ...

Meta reported a $4.2 billion operating loss in its Reality Labs unit for the first quarter, continuing its ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality ...

Facebook owner Meta Platforms is laying off an unspecified number of employees from its Reality Labs division amid ongoing ...

Meta is laying off teams in its Reality Labs division as a part of its restructuring efforts. The Reality Labs division ...

Meta Platforms has reportedly laid off 100 workers at Reality Labs, the division responsible for its virtual reality and ...

Meta has laid off an unspecified number of employees in its Reality Labs division, a company spokesperson confirmed.

Meta Platforms’ Reality Labs division recorded an operating loss of $4.2 billion in Q1 while bringing in $412 million in ...

Forrester Research analyst Mike Proulx said in an email that he sees Meta's Reality Labs business as a "leaky bucket," as its losses continue to grow, while revenue declined in the quarter. Meta's ...