The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...
The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
4don MSNOpinion
What was the metaverse?
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. In October 2021, Facebook CEO Mark Zuckerberg launched his ...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...
Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
Meta has shuttered three of its VR studios, including Armature, Sanzaru and Twisted Pixel as part of its metaverse layoffs.
Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.
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