Dan Reed, COO of Meta's Reality Labs, is stepping down after nearly 11 years. Reed's exit follows a major restructuring of Reality Labs, integrating it with Meta's core. Despite growth ...

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 ...

(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.

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.

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.

Stream NBC 5 for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion in the period while ...

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 ...

Meta is set to test all-time highs with upside from Reality Labs, store expansion, and VR content deals. Check out why META ...

Blackstone Inc.’s real estate business purchased stakes in two office properties in Bellevue, Washington, that are leased by ...

Meta Platforms Inc. is cutting jobs at its Reality Labs unit, which makes the company’s Quest mixed reality headsets and the software that powers them. The Facebook parent announced the layoffs ...

In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion in the period while bringing in $412 million in sales. Analysts were ...