Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

Staffing cuts at Facebook's parent company, Meta, are signaling a decline in virtual reality products in favor of AI, ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

Meta, which operates social media platforms Instagram and Facebook, is rethinking its investments after a group of its ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...