US EditionMeta plans to cut 10% of Reality Labs staff amid AI shift: Report
Meta will cut about 10% to 15% of Reality Labs' 15,000 employees, mainly impacting VR headset and Horizon Worlds teams amid a $70 billion loss since 2020.
- Meta is preparing layoffs in Reality Labs, according to three people who spoke to Business Insider, with roughly 10% to 15% of its 15,000 employees expected to be cut, The New York Times reported.
- After repeated cuts, Reality Labs has accumulated more than $70 billion in losses since 2020, prompting Meta to shift its focus and spending toward AI.
- Teams building VR headsets and Horizon Worlds will be hit hardest, two employees said, as Andrew Bosworth called a division-wide meeting Wednesday, calling it the "most important" of the year, Business Insider reported.
- Leadership frames 2025 as a make-or-break moment for Reality Labs after major losses and a strategic shift at Meta toward AI, with Andrew Bosworth calling 2025 `the most critical` year last year.
- Business Insider and The New York Times report the preparations and expected cuts at Reality Labs, reflecting Meta's strategic shift to AI after over $70 billion in losses since 2020.
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49 Articles
The focus on the digital world Metaverse once led to the renaming of the Facebook Group. Now Meta is starting the red pencil in the division after high billion losses.
Meta refocuses on AI hardware as metaverse layoffs begin
As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual reality and metaverse products, Bloomberg reports. The company will refocus on developing wearables, like its recent batch of AI-powered Ray-Ban smart glasses, according to a memo from CTO Andrew Bosworth.The news isn’t too surprising. Reality Labs has lost more than $70 billion since the beginning of 2021, and while Meta …
Meta is cutting hundreds of metaverse jobs now that AI is the priority
The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites three people with knowledge of the discussions. The publication says that the final figure could be even higher.Read Entire Article
Meta Layoff: 1500 employees to lose jobs as AI push grows; Reality Labs in danger!
Meta, the company behind Facebook and Instagram, is preparing for another round of layoffs, and this time, about 1500 employees in its Reality Labs division are in trouble. That’s nearly 10 per cent of the team, which has around 15,000 people right now. With this layoff wave, the tech job crunch is highlighted. For the people who will be affected due to the AI surge, it is certainly another corporate shakeup which will cost them everything – men…
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