Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...

Meta lays off more than 1,000 employees from metaverse division

More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.

Meta Just Absolutely Gutted the Best Part of Quest VR Headsets

That’s because it wasn’t just Reality Labs employees that got cut loose in Meta’s most recent layoff round; it was also some ...

Metaverse Market Surges to $1,303.4 Billion by 2030 | CAGR 48.0%

According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

Meta refocuses on AI hardware as metaverse layoffs begin

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...

Meta is closing down three VR studios as part of its metaverse cuts

Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...