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

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 ...

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.

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 ...

Meta reported a $4.2 billion loss in Reality Labs, totaling over $60 billion since 2020. Reality Labs faced layoffs and struggles with declining revenue and underperforming Quest sales.

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.

Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality and related wearable devices. The cuts affected an unspecified number of ...

Jefferies analyst Brent Thill believes that Meta could make further cuts in its money-losing Reality Labs business, where it has reportedly already cut 100 jobs, according to Bloomberg.