Meta Lays Off 1,000+ Workers as Metaverse Focus Shifts to AI

Meta is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...

Meta lays off 1,500 people in metaverse division

Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
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Best metaverse stocks to keep an eye on in 2026

The metaverse has evolved from a single futuristic concept into a broad ecosystem of technologies that power virtual worlds ...

What Meta Platforms (META)'s AI Spending Pivot and Metaverse Cuts Mean For Shareholders

In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...
Seeking Alpha

METV: Investing In The Metaverse, Here's What You Need To Know

The Roundhill Ball Metaverse ETF offers exposure to companies advancing the metaverse, spanning infrastructure, software, and user interface technologies. METV is a capital appreciation vehicle, ...

Meta cuts over 1,000 jobs in major metaverse retreat

Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its ...
AOL

Meta shifts some metaverse investments to AI smart glasses

Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the "momentum" in that segment, a company spokesperson has said. Over recent years, Meta ...

Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...