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's global headcount stood at 74,067 as of December 31, 2024. Reality Labs, which oversees the development and marketing of the Quest headset line, incurred a loss of $5 billion in the fourth ...

Reality Labs, the Meta unit that develops technology for the metaverse, lost $21.3 billion since January 2022. Operating costs for the unit were also down $3.7 billion last quarter.

Meta’s (META) ambitious push into augmented and virtual reality through Reality Labs has been a costly gamble, with billions poured into its development. While a breakthrough in AR/VR (augmented ...

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 ...

Facebook parent Meta Platforms, Inc (NASDAQ: FB) is preparing cutbacks in its Reality Labs division to refocus on hardware products and the "metaverse," Reuters reports. Meta was not planning ...

Meta, on Thursday (April 24), laid off an unknown number of employees from its Reality Labs division, which includes employees working in Oculus studios, who are responsible for creating mixed ...

However, in the same year, Reality Labs had spent a little under $8 billion, giving the whole division an operating loss of $6,600,000,000. That figure was worse in 2021 ($10b loss), 2022 ($10.1b ...

Meta's Reality Labs division has lost nearly $50 billion in the last five years. Yahoo Finance spoke to several former employees about what's happening inside Mark Zuckerberg's virtual world.

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