Mass tech layoffs repeatedly grabbed headlines in 2025, and early signs suggest the trend may continue this year. Meta is reportedly set to lay off hundreds of employees in its Reality Labs division.
Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Meta is reportedly set to lay off around 10% of staff from ...
Shares of Meta Platforms rose up to 4% Thursday following reports the company was scaling back its spending on the metaverse project, a virtual reality experience the company once touted as the future ...