Meta's Reality Labs faced layoffs and $4.2 billion in losses, raising questions about the future of its metaverse ambitions ...

Meta laid off employees in Reality Labs amid restructuring efforts in hardware and VR. The layoffs affected Oculus Studios and Supernatural, Meta's VR gaming and fitness apps. Meta's Reality Labs ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter.

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion ...

Meta has laid off an unspecified number of employees in its Reality Labs division, a company spokesperson confirmed. The cuts affected teams working in Oculus Studios, Meta’s in-house games ...

(Reuters) -Facebook owner Meta Platforms is laying off an unspecified number of employees from its Reality Labs division amid ongoing restructuring efforts, the company said on Thursday.

The numbers for Facebook Reality Labs, as well as the rest of Meta's quarterly earnings, were revealed through the Meta Q1 ...

Meta is laying off teams in its Reality Labs division as a part of its restructuring efforts. The Reality Labs division includes employees working in Oculus studios, Meta's gaming wing.

Forrester Research analyst Mike Proulx said in an email that he sees Meta's Reality Labs business as a "leaky bucket," as its losses continue to grow, while revenue declined in the quarter. Meta's ...