Meta’s Operating Income As shown in the chart from Main Street Data below, Meta’s Family of Apps generated $28.3 billion in operating income in Q4 2024, reflecting a 26% year-over-year increase.

According to Main Street Data, Meta’s Reality Labs segment saw its operating loss widen to $4.97 billion in Q4 2024, compared to $4.65 billion in the same period last year. In 2024, this segment ...

Below is a breakdown. Meta 10K 2024 Now, even though Reality Labs accounts for 1% of total revenue [TTM], the employee compensation in this segment accounts for a whopping 24.7% of the total in 2024.

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 ...

Documents previously obtained by Business Insider showed that performance-based cuts affected at least 560 employees who worked in Meta's Reality Labs. Nearly half were on Meta's Horizon team.

Meta is reorganizing Reality Labs to make it a business priority, a leaked memo shows. The reorganization follows major changes at the company including coming performance-based cuts.

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 ...

Facebook (META) Reality Labs lost $17.7 billion in 2024 The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone. TJ Denzer January 29, 2025 2:30 PM Image via Getty Images ...

Meta’s Reality Labs division has announced plans to cut some of its projects, according to Reuters. Meta’s CTO Andrew Bosworth reportedly told employees that the company could no longer afford ...