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.

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 ...

While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't been there, and it's questionable whether it ever will be.

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’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 ...

Meta, Please Kill Reality Labs May 08, 2025 6:55 PM ET Meta Platforms, Inc. (META) Stock META:CA, META 14 Comments The Value Portfolio Investing Group Leader Follow ...

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.

While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't been there, and it's questionable whether it ever will be.