The Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.
Amaze Lab on MSN
Meta’s VR bet implodes after $70B loss, costing 1,500 jobs
Meta Platforms cut 1,500 jobs from its Reality Labs division on January 14, 2026, capping a four-year drive that burned ...
Mark Zuckerberg's idea of immersive virtual worlds where people live, work and socialise hasn’t taken off with mainstream ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
6don MSN
Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division
The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out.
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...
While Meta is now throwing billions at AI like all other companies in Silicon Valley, it has not yet abandoned its last great crusade, the idea that it would build an online metaverse, something it ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. Mark Zuckerberg announced his Metaverse strategy in late ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results