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 lays off Reality Labs staff, impacting Oculus Studios and VR fitness app Supernatural, while pursuing new hires and restructuring efforts. Business Insider Subscribe Newsletters ...

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 ...

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 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 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's Reality Labs reported a second-quarter operating loss of $4.2 billion, an increase from an operating loss of $3.8 billion in the year-ago quarter. At the same time, revenue in the quarter ...

Meta's Reality Labs unit ventures into robotics with ex-Cruise CEO at the helm expand Marc Whitten, who will lead the new robotics effort, is the former CEO of the self-driving car company Cruise.

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 ...

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 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 ...