Amaze Lab on MSN
Meta’s VR bet implodes after $70B loss, costing 1,500 jobs
Meta Platforms cut 1,500 jobs from its Reality Labs division on January 14, 2026, capping a four-year drive that burned ...
Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.
The Register on MSN
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 ...
Mark Zuckerberg's idea of immersive virtual worlds where people live, work and socialise hasn’t taken off with mainstream ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
3don MSN
Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division
The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out.
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
DENVER (Jan 13): Meta Platforms Inc is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part ...
Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...
While Meta is now throwing billions at AI like all other companies in Silicon Valley, it has not yet abandoned its last great crusade, the idea that it would build an online metaverse, something it ...
Meta today announced a $50 million fund to incentivize the creation of new and improved content in Horizon Worlds, the company’s first-party social gaming platform. The move comes as many seasoned ...
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