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Meta retreats from metaverse after virtual reality check
That went well Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark ...
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
Meta is laying off over 1,000 employees, mainly in its Reality Labs division, as it shifts focus away from the metaverse ...
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.
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