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

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

Meta Platforms Inc. is cutting jobs at its Reality Labs unit, which makes the company’s Quest mixed reality headsets and the ...

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

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

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

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

Facebook parent company Meta has laid off an unspecified number of people in its Reality Labs Division. The cuts have ...

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

Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality ...

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 ...

The job cuts affect teams within Oculus Studios, Meta's in-house game development arm for Quest virtual reality headsets.