Meta plans to cut around 10% of Reality Labs workforce
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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 Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
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