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 ...

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 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's Reality Labs division logged an operating loss of $4.97 billion while scoring $1.1 billion in sales during the fourth quarter, the company said in January. The social media company reports ...

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 ...

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 ...

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 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 posted better-than-expected earnings on Wednesday, Oct. 30. However, runaway spending has investors spooked. Massive investments in AI infrastructure are adding to Meta’s expenses. Meta ...

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 ...

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 ...