US EditionMeta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg
- Meta is integrating Reality Labs more closely with its core business, as announced by Chief Technology Officer Andrew Bosworth on Meta's internal forum Workplace.
- Brent Harris and Brett Vogel will now report to Chief Marketing Officer Alex Shultz, while Colan Sewell will report to Justin Osofsky.
- Reality Labs grew 2024 sales by 40% and beat nearly all sales and user targets, according to an internal memo seen by Business Insider.
- Meta plans to continue to invest significantly in Reality Labs, which CFO Susan Li identified as a strategic long-term priority.
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4 Articles
Business Insider
JingletreeMeta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg
Andrew Bosworth has been the CTO of Meta since 2022.MetaMeta is reorganizing Reality Labs to make it a business priority, a leaked memo shows.The reorganization follows major changes at the company including coming performance-based cuts.Reality Labs faces scrutiny for racking up losses; Meta sees it as a strategic long-term priority.Meta is shaking up Reality Labs and integrating it more closely with its core business.Chief technology officer A…
BizToc
TechmemeIn an internal memo, Andrew Bosworth says Meta's Reality Labs beat nearly all its sales and user targets for 2024, growing sales “>40% YoY overall”
Meta's Reality Labs exceeded nearly all its 2024 sales and user targets, an internal memo said. In the memo, seen by BI, Meta's CTO said 2024 was "pivotal" for Reality Labs. The executive said Meta has seen "massive sales growth in wearables" and its Quest brand is strong. Recommended…
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