Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its metaverse ambitions while steering money and talent into artificial ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI ...

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

In a nutshell: Remember how much faith Mark Zuckerberg had in the metaverse? He even renamed his company after the concept of a shared VR social platform. That was before AI became the tech industry's ...

Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its investment away from metaverse products. "We said last month that we were ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

This article was originally published on .cult by Adrien Book. .cult is a Berlin-based community platform for developers. We write about all things career-related, make original documentaries and ...

Meta's AI reconstruction's direction starts with appointing Dina Powell McCormick as president and vice chair Meta Platforms announced the appointment of former Trump adviser Dina Powell McCormick as ...

Madaline Zannes’s virtual offices come with breakout rooms, an art gallery… and a bar. Lot #651 on Somnium Space belongs to Zannes Law, a Toronto-based law firm. In this seven-level metaverse office, ...

Indeed, JPMorgan — which became the first bank to launch a lounge in the metaverse — said in a report that the space will likely infiltrate every job sector in some way in the coming years, with total ...