According to Main Street Data, Meta’s Reality Labs reported an operating loss of $4.21 billion in Q1 2025. This represents a 9% year-over-year increase in losses, though it’s an improvement ...

Meta lays off Reality Labs staff, impacting Oculus Studios and VR fitness app Supernatural, while pursuing new hires and restructuring efforts. Business Insider Subscribe Newsletters ...

Meta's Reality Labs faced layoffs and $4.2 billion in losses, raising questions about the future of its metaverse ambitions and VR projects.

(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. The job cuts ...

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 t ...

Meta is going to be under pressure to cut costs in a slower digital ad environment, to adjust to the new economic reality. Jefferies analyst Brent Thill believes that Meta could make further cuts ...

Meta's Reality Labs reported a second-quarter operating loss of $4.2 billion, an increase from an operating loss of $3.8 billion in the year-ago quarter. At the same time, revenue in the quarter ...

In total, Reality Labs recorded a $17.7 billion loss across all of 2024. We'll continue to monitor the latest from Reality Labs and the rest of Facebook/Meta. Keep it on Shacknews for the latest ...

Meta has laid off employees in its Reality Labs division, including teams working in Oculus Studios and some employees working on hardware. The future of fitness. Skip to main content ...

Meta has cut an unspecified number of jobs in its Reality Labs division, affecting teams at Oculus Studios. As reported by The Verge , Meta spokesperson Tracy Clayton said the decision was made to ...

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. The job cuts affect ...