Following reported plans to slash 30% of spending in its metaverse and wearables division, Meta has announced another round of Reality Labs job cuts, showcasing its increased investment in artificial intelligence (AI). According to The New […]
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This article first appeared on GuruFocus. Meta Platforms Inc. (META, Financials) plans to lay off 10% of Reality Labs workers, which develops metaverse and virtual reality products, according to the New York Times. The 15,000 […]
Meta is reportedly set to lay off around 10% of staff from its metaverse arm Reality Labs this week, as the firm focuses its resources on artificial intelligence. According to a report from the New […]
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